Inflation overshoot: Why the June 2026 rate hike matters
The June 2026 rate hike to 1.00% marks a 31-year high. I break down why delayed action triggered this inflation overshoot and what it means for your FX...
The June 2026 rate hike to 1.00% marks a 31-year high. I break down why delayed action triggered this inflation overshoot and what it means for your FX...
The FOMC held rates at 3.5% to 3.75% but removed easing bias. With inflation persistent, nine members now project future rate hikes.