What to Watch in the Day Ahead - Wednesday, December 17
Federal Reserve Board Governor Christopher Waller is likely to speak on the economic outlook before the Yale University CEO Summit (0815/1315). Meanwhile, Federal Reserve Bank of New York President John Williams is expected to give opening remarks before the 2025 FX (Foreign Exchange) Market Structure Conference hosted by the Federal Reserve Bank of New York (0905/1405). Separately, Federal Reserve Bank of Atlanta President Raphael Bostic is scheduled to participate in discussion on the economic outlook before the Gwinnett County Chamber of Commerce (1230/1730).
Micron is expected to post a 47% jump in first-quarter revenue, driven by steady demand for its memory chips used in artificial intelligence and data center applications.
General Mills is expected to report a fall in its second-quarter revenue, hurt by declining demand for its snacks and cereals amid economic uncertainty. Investors will look for comments on consumer spending and the retail landscape, pricing strategies, and annual guidance.
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