Investors Anticipate Fed's Next Move.
TL;DR Summary
The Federal Reserve's meeting on June 13 and 14 is unlikely to move markets as the central bank has indicated it is likely to skip a hike in June. The May Consumer Price Index and Producer Price Index reports are also due, but investors are less concerned about how they will impact the Fed's rate decision this time around. US Treasuries remain the quintessential safe asset, despite the possibility of a credit downgrade, as no other country has a currency market that is as liquid, large or highly rated as that of the United States.
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