⚠ Macro context — FOMC day, two fresh-EP prints + first-in-class biotech catalyst
Today is THE day. Three time stamps to know:
8:30 AM ET — May Retail Sales release. LZB conference call. JBL conference call.
2:00 PM ET — Fed Funds rate decision + updated SEP + dot plot. 97% probability of hold at 3.50-3.75%.
2:30 PM ET — Warsh’s first post-meeting press con…
