Economic Data Scheduled For Tuesday

• The Federal Open Market Committee will begin its two-day policy meeting today.
• The NFIB small business optimism index for May is scheduled for release at 6:00 a.m. ET. The optimism index is expected to decline slightly to 93 in May from 93.2 in April.
• The Producer Price Index for May will be released at 8:30 a.m. ET. Producer prices are likely to increase 0.8% on the month in May after moderating to a 0.5% increase in the previous month.
• The Treasury is set to auction 52-week bills at 11:30 a.m. ET.

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