The expected update regarding Interest Rates:

After a hotter than expected inflation print for the month of May and a FOMC meeting set to occur this week, most of the coverage has been focused on Jay Powell and his intentions to alter interest rates. It is thought that the Fed will raise rates 50 bps, with economists from Jeffries and Barclays calling for a 75-bps hike, but occurring in conjunction with this is the Fed starting the reduction of their balance sheet.