What to Watch in the Day Ahead ? Tuesday, June 16
The Federal Open Market Committee (FOMC) begins a two-day meeting on interest rate policy. The central bank will likely **t raise rates at this meeting, with the main focus on individual policymakers' eco**mic projections that are likely to reflect poor growth in the first quarter. Investors will watch for any hints from Fed chair Janet Yellen at a press conference after the meeting about when the Fed will be in a position to hike rates.http://i2.wp.com/reuters.us.feedspor...f?resize=1%2C1