US Fed rate cut, June 16 -- One of the biggest market-moving events that's lined up this week is the US Federal Reserve's interest rate outcome. The two-day policy meeting, slated to end on June 18, would likely be the fourth straight one where Fed chair Jerome Powell is likely to hold the rates steady, and risk irking US President Donald Trump, again.

While a weakening labour market and still above-target inflation are likely of influencers of Fed's rate cut decision, the latest flare-up in tensions between Iran and Israel has introduced another element of uncertainty for the global economy, which could also be factored in.

The latest US retail inflation print defied the impact of tariffs for the second month in a row. Yet, policymaker...