Early on June 18th, the Federal Reserve's FOMC kept the interest rate unchanged at 3.5%-3.75%, remaining on hold for four consecutive times. Nine out of 18 officials expect at least one interest rate hike within the year, and the statement removed the easing bias. In his debut, Warsh officially abandoned forward guidance and downplayed the binding force of the dot plot, and announced the establishment of five special working groups on monetary policy. The U.S. dollar index recorded its largest increase in three months, the yield of the 2-year U.S. Treasury bond soared to 4.20%, and the Nasdaq Composite Index tumbled 1.34% in response.
Please log in to view full content
Early on June 18th, the Federal Reserve's FOMC kept the interest rate unchanged at 3.5%-3.75%, remaining on hold for four consecutive times. Nine out of 18 officials expect at least one interest rate hike within the year, and the statement removed the easing bias. In his debut, Warsh officially abandoned forward guidance and downplayed the binding force of the dot plot, and announced the establishment of five special working groups on monetary policy. The U.S. dollar index recorded its largest increase in three months, the yield of the 2-year U.S. Treasury bond soared to 4.20%, and the Nasdaq Composite Index tumbled 1.34% in response.
[Disclaimer]: The article content involves issues regarding content, copyrights and other aspects. Please contact us within 30 days, and we will delete the content promptly. The article is for reference only and does not constitute any investment or application advice. Content removal email: [email protected]
Related News
24-hour financial news: The Bank of Japan raises interest rates to a 31-year high, and the Federal Reserve's FOMC meeting opens today.
2026-06-17 · 0 Views
24-hour financial news: The heavyweight week of central banks kicks off, and gold and silver continue their upward trends, with gold firmly above 4,300.
2026-06-16 · 1 Views
24-hour financial news: The Dow soars, SpaceX goes public today, gold hits the bottom, and the World Cup kicks off.
2026-06-12 · 7 Views
24-hour financial news: The US and Iran engage in conflict, and the Strait is closed. The Dow Jones Industrial Average plunges, and gold experiences a flash crash.
2026-06-11 · 3 Views
24-hour financial news: Gold and silver plunge, U.S. stocks tumble. Tonight's CPI will determine the interest rate hike.
2026-06-10 · 0 Views
💬 Leave a Message