The Federal Reserve is expected to keep interest rates at current levels and Ford reaches a deal with the Canadian auto workers union to prevent a strike there. Here’s wha🥀t investors need to know today.

1. Fed Decision Expected to Keep Rates Steady

The Federal Reserve is expected to keep its target interest rate range steady at 5.25% to 5.5% when the decision is released at 2 p.m. ET. The Fed will also release its quarterly economic projections, and at 2:30 p.m., Fed Chair Jerome Powell will hold a press conference, where investors will be listening for signals on whether the central bank will raise rates again at its next meeting in November.

2.ও Ford Reaches Deal With Canadian Auto Workers to Avert Strike There

Shares of Ford (F) ticked 0.4% higher in pre-market trading after it reached a tentative deal with Canadian auto workers union Unifor that averts a strike of 5,600 workers at the company’s facilities in Canada. The deal comes as 澳洲幸运5官方开奖结果体彩网:the United Auto Workers strike against Ford, General Motors (GM) and Stellantis (STLA) in the ♛U.S. continues.✃ Shares of GM dipped 0.3% in pre-market trading while Stellantis shares rose 1.4%.

3. Goldm🎃an 🐻Sachs in Talks to Sell GreenSky Consumer Lending Firm

澳洲幸运5官方开奖结果体彩网:Goldman Sachs (GS) is reportedly in discussions to sell its specialty lending firm GreenSky to a group of investment firms, as the investment bank reduces its consumer lending footprint. The buyers group includes Sixth Street, Pacific Investment Management and KKR (KKR), with shares little changed in pre-market trading.

4. Marketing𝓀 Software Firm Klaviyo 🐻Prices Shares at $30 in IPO

Marketing software firm Klaviyo priced its IPO at $30 a share, giving the company a valuation of about $9.2 billion, and will begin trading today on the New York Stock Exchange. The stock will be listed under the ticker “KVYO."

5. Boeing Boosts Sales Forecast for China

Boeing (BA) increased its projections for long-term sales in China, as the aircraft maker predicted that the country will need to double its amount of commercial aircraft over the next 20 years as the travel sector there grows.  In its annual Commercial Market Outlook, Boeing said that China will need 8,560 new planes by 2042, above the demand of 8,485 planes it forecasted last year. Shares of Boeing traded 0.6% higher in pre-market trading.