Carin Pai joins Diane King Hall at the NYSE set to preview this week's FOMC meeting. She believes the central bankers will continue to take a "wait and see" approach citing resilient economic data. On the equity front, Carin believes valuations are at the top end of the range and could keep markets rangebound for the remainder of 2025. She cautions that markets could be susceptible to surprises, and doesn't believe markets will go much higher from here.