The Fed begins its two-day meeting Tuesday as
worries about a Brexit seep deeper into market psyche.
Fed watchers do not expect any action from
the Federal Open Market Committee, but the central bank could tweak its view on
the economy or make changes to its interest rate forecast, when it releases its
statement and economic forecasts Wednesday afternoon.
US economic reports Tuesday include the
important May retail sales report, expected to to show sales up 0.3 percent,
and import prices, both at 8:30 a.m. EDT. Business inventories are released at
10 a.m. and NFIB small business sentiment is out at 6 a.m
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