The Federal Open Market Committee — the 12-member group that sets rate decisions — will meet on June 17-18. The FOMC's decision will be announced on Wednesday, the second day of the meeting.

While any movement on interest rates seems improbable, the meeting will feature important signals that still could move markets.

The Federal Reserve is expected to keep interest rates unchanged this week, but investors are watching for any shifts in the outlook for inflation and growth. Yahoo Finance Fed Correspondent Jennifer Schonberger joins Morning Brief to break down what to expect from Wednesday's decision.