Rising volatility in the stock market is expected next week due to two events key to Wall Street: the Federal Reserve's latest decision on interest rates and the release of November's inflation data.
Traders expect the events to bring a turbulent market as the financial world attempts to predict the mood of the economy going into 2024, according to Bloomberg. One measure of expected volatility is at its highest level since March, according to the report.
The central bank is currently projected to keep interest rates steady following an unprecedented streak of interest rate increases since March 2022. Retail investors have begun to respond; the inflow of $6.8 billion into the U.S. stock market last week was the highest it's been since that March, according to Bloomberg.
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