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The Fed decision, JetBlue's Florida readies, Intel's Apple partnership and more in Morning Squawk
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This is CNBC's Morning Squawk newsletter.
Key facts
- As expected, the Federal Reserve held interest rates steady yesterday, keeping its benchmark rate in a range of 3.5%-3.75%
- Meanwhile at the G7 summit, CNBC learned that Anthropic CEO Dario Amodei and Google DeepMind CEO Demis Hassabis pushed for a U.S.-led artificial intelligence coalition
- The 14-point MOU, aimed at developing a permanent peace deal, calls for the reopening of the Strait of Hormuz without tolls for at least 60 days
- But Democrats haven't been victorious in a presidential or Senate race in the Tar Heel State since 2008, despite coming out on top in gubernatorial elections in each of the last three presidential
Summary
It's a busy day in two of America's largest cities: The Knicks will celebrate their NBA championship with a ticker-tape parade in New York City, while the Obama Presidential Center is set for a star-studded opening in Chicago. Stock futures are higher this morning as traders look to rebound from yesterday's losses. Here are five key things investors need to know to start the trading day:. As expected, the Federal Reserve held interest rates steady yesterday, keeping its benchmark rate in a range of 3.5%-3.75%. The first Federal Open Market Committee statement under Warsh was significantly shorter than that of recent meetings, lacking forward guidance as well as details on how members voted.