Hello, this is Leonie Kidd with today's edition of Morning Squawk.
Investors will assess two major market forces today: the Fed decision and another round of tech earnings.
Inflation is the common denominator, with policymakers citing the AI-driven demand boom as pushing up prices alongside energy.
For now, futures are holding steady, while Fed officials are expected to also hold steady on rates.
It looks set to be a cautious open to trading today as investors stay on the sidelines ahead of a series of big market moments this afternoon.