(News Bulletin 247) – The US indices start the session up slightly (0.1% to 0.2%) on Wall Street on Tuesday, in anticipation of the major meetings scheduled for the last part of the week .

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The President of the Fed made no comment on inflation, the recession, the current monetary policy… and Wall Street is breathing since the 3 main indices are in the green.

Investors will indeed take note of a first salvo of quarterly results, given as usual by banks like JPMorgan Chase, as well as the report on inflation in the United States for December.

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The latter should attract attention as monetary policy haunts everyone’s mind, especially since central bank officials have recently shown their willingness to act firmly to curb rising prices.

‘Atlanta Fed Chairman Raphael Bostic says the Fed is committed to raising interest rates to a ‘range of 5 to 5.25%’ and then holding them until 2024 in order to suppress excess demand in the economy,” said Deutsche Bank.

‘San Francisco Fed President Mary Daly said she expects the fed funds rate to rise above 5%, but that their final level will depend on incoming inflation data,’ continues -he.

Until these meetings on Thursday and Friday, the news could be relatively calm, with a calendar that is not very busy in terms of statistics: on Tuesday, only the stocks of American wholesalers for November were published.

They rose 1% in November 2022 sequentially in the United States, according to the Commerce Department, after an increase of 0.6% the previous month (revised from an initial estimate which was 0.5%).

On the values ​​front, aluminum maker Alcoa announces a restructuring of its management team for February 1, ‘to further enhance the company’s rigorous focus on operational excellence, cost and efficiency. innovation’.

Boeing announces that it delivered a total of 152 commercial aircraft during the 4th quarter (i.e. 110 737 models, 2 747 models, 12 767 models, 6 777 models and 22 787 aircraft). Over the whole year, the aircraft manufacturer thus delivered a total of 480 commercial aircraft.

BioNTech announces the acquisition of InstaDeep, a leading global technology company in the field of artificial intelligence and machine learning (ML).

The transaction includes a total consideration of approximately £362 million in cash and shares of BioNTech to acquire 100% of the remaining shares of InstaDeep.

The European Commission has cleared under the EU Merger Regulation the acquisition of the engineering materials business of Koninklijke DSM (in the Netherlands) and the high performance materials business of Lanxess ( HPM) in Germany, by Advent International Corporation (USA).

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