The FOMC meeting is set for next Wednesday, with no rate cut anticipated for June. However, the focus will be on Powell's remarks, which can significantly influence markets. A dovish tone could lead to a surge in risk assets, so pay close attention to his speech rather than just the decision.

The upcoming FOMC meeting is scheduled for next Wednesday, and a June rate cut is not on the horizon. Nevertheless, the key takeaway will be Jerome Powell's statements, which have the potential to sway trillions in the market. Should he adopt a dovish stance, expect a rally in risk assets. It's crucial to focus on his speech rather than solely the rate decision.