#FOMCMeeting

The focus of the markets this week will be the attempt by the US Federal Reserve to balance concerns about a weakening labor market and stubbornly high inflation - investors will assess the risks for a rally in the American stock market.

The American stock index S&P 500 has sharply recovered over the past two months - concerns about the potential impact of trade barriers on the economy have eased since the market crash on April 2 following President Donald Trump's announcement of a 'day of liberation'.

The rally was interrupted on Friday - global stock markets fell due to a flight of investors to safe-haven assets after Israel's missile attack on Iran and Tehran's retaliatory strike. Major US indexes lost more than 1% on Friday.

The next major test for the markets could be the two-day Fed meeting. While it is expected that the US central bank will keep interest rates unchanged on Wednesday, investors are eagerly awaiting any hints that the Fed may consider lowering rates in the coming months.