Seeing Costs As Lower Than Expected

A daily market update from FS Insight — what you need to know ahead of opening bell

“I'm not in this world to live up to your expectations and you're not in this world to live up to mine.” ― Bruce Lee

Overnight

CPI inflation slowed to 3.3% YoY in May (CNBC)

Fed officials hold rates at 23-year high, raise forecast for inflation, pencil in a sole rate cut in 2024 (FT)

AI-powered Apple overtakes Microsoft as world's most valuable company (RT)

Europe to hit Chi...

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