📆 Wednesday, June 14
► Investors are gearing up for Federal Reserve Chairman Jerome Powell's expected announcement of a pause in the US central bank's interest-rate hike strategy. This development comes as stocks, including Advanced Micro Devices and Tesla see growth in the premarket trading.
► Following the recent report indicating a slowdown in US inflation, global investors anticipate that the Federal Open Market Committee will maintain rates within the 5%-5.25% range. However, the possibility of a July rate hike isn't ruled out considering inflation is currently over double the central bank's target.
► Analysts at Mizuho International anticipate a “hawkish skip” scenario in the upcoming FOMC meeting, with Powell likely to affirm the Fed's commitment to controlling high inflation rates.
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