Forget the Fed Meeting! The Most Important Inflation Metric Is Being Released Today.

Published July 30, 2026 · Category: Finance

Overview

This is a tone-setting week for the stock market. The immediate future of the time-tested Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and growth-dependent Nasdaq Composite (NASDAQINDEX: ^IXIC) will be determined by the busiest week of earnings season, the Federal Reserve's latest meeting, and one data release that far too many investors are overlooking.

Thanks to Fed Chair Kevin Warsh removing forward-looking guidance from Federal Open Market Committee (FOMC) meeting statements, the July 29 FOMC meeting on interest rates created far more buzz and uncertainty than usual.

Details

But the most telling data point on inflation and the future of interest rates is set to be released today, July 30, at 08:30 a.m. ET by the Bureau of Economic Analysis (BEA).

Continue reading

Source

Originally published at www.fool.com.

Related Articles

• ‘The View’ Host Joy Behar finally finds a buyer for $7 million Hamptons home after 2 years
• Meta tanks nearly 9%, Microsoft jumps 8% as the AI trade splits Big Tech
• Samsung delivers record-setting profits, but the shares still can’t catch a break from investors.