June FOMC meeting: Fed Holds Steady Amid Crosscurrents, Why Inaction May Be the Best Policy for Now
TradingKey - On June 18, the Federal Reserve released the June FOMC statement as scheduled, maintaining the benchmark interest rate at 4.25%–4.50%, in line with market expectations. After Powell's speech, the market quickly digested. The latest dot plot shows that the probability of the Federal...