House Passes Debt Ceiling Bill, Heads To The Senate
b'Ultimately, we are still a little bit cautious as we think about our economic outlook; we think the Fed is going to be successful at slowing the economy as interest rates have moved up, notes Steve Wyatt. He discusses how futures muted as House passes debt ceiling bill and major indices are lower for the week. He talks about how the House has passed a debt ceiling bill which now goes to the senate. He talks about how the debt ceiling deal will impact the markets. He then deciphers the latest Fedspeak and previews the next FOMC meeting which is scheduled for June 13-14. Finally, he goes over the outlook for the markets as the Fed fights inflation. Tune in to find out more about the stock market today.'