Economy
Wall Street Braces for Federal Reserve Rate Decision and Tech Earnings

Wall Street Braces for Federal Reserve Rate Decision and Tech Earnings

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THE BRIEF
1

Wall Street enters a crucial week as the Federal Open Market Committee prepares for its two-day monetary policy meeting and Wednesday rate decision.

2

Google parent Alphabet and Microsoft will report quarterly earnings on Wednesday, followed by Amazon on Thursday, with investors scrutinising artificial intelligence spending.

3

US equities ended lower on Friday as Brent crude surged 3.1% to above $116 a barrel, its highest level since June 2022.