FOMC June Decision: Sticky Prices Block Cuts
The FOMC held rates at 3.50%-3.75% as PCE inflation surged to 3.6%. Analyze why the Committee paused cuts despite GDP slowing to 2.2%.
The FOMC held rates at 3.50%-3.75% as PCE inflation surged to 3.6%. Analyze why the Committee paused cuts despite GDP slowing to 2.2%.
Chair Warsh cut the FOMC statement to 130 words, removing forward guidance. With 2026 rates at 3.8%, traders must now read raw data.
The FOMC meets eight times annually to dictate monetary policy that drives global currency valuations.
The FOMC held rates at 3.5% to 3.75% but removed easing bias. With inflation persistent, nine members now project future rate hikes.
The FOMC kept the target range at 3.5%-3.75% but signaled a hawkish hold. See how the median 3.8% projection impacts your FX trades.
Warsh prioritizes the 2% target as 14 of 19 FOMC participants see zero cuts. Markets react sharply to this rigid price stability stance.