Fed Decision and Inflation Data Poised to Shape Economic Outlook
Investors await key signals on interest rates and inflation as the Federal Reserve meets and new CPI data is released.
- The Federal Reserve is expected to keep interest rates steady, with potential rate cuts anticipated later in the year.
- May's Consumer Price Index report will provide critical insights into inflation trends, influencing the Fed's policy direction.
- Apple's shares hit a record high following its AI advancements, while General Motors adjusts its EV production forecast.
- Elon Musk drops his lawsuit against OpenAI, easing tensions in the tech industry.
- Analysts predict limited market disruption from the Fed meeting unless unexpected policy changes occur.
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