Market Expectations and Upcoming Events: Federal Reserve Meeting

Market Expectations and Upcoming Events: Federal Reserve Meeting

FedEx Corporation (NYSE:FDX) will release earnings, with analysts expecting $3.70 per share on $21.7 billion in revenue

General Mills Inc (NYSE:GIS) is anticipated to report earnings per share of $1.08, with revenue reaching $4.9 billion.

Investors are eager for insights into future interest rate hikes by the Federal Reserve.

The Fed aims to assess the impact of recent rate hikes on inflation, unemployment, and GDP.

Market sentiment is divided on the possibility of another rate increase in November or December.

Jerome Powell's statements during the press conference will be closely monitored for clues.

Economic forecasts for year-end inflation, unemployment, and GDP will influence market dynamics.