Fed minutes show split on rates as some officials saw case for hike
What's new: Futures kept pricing in a possible September increase even after the June 16-17 meeting ended with rates unchanged at 3.5%-3.75%.
Subject
#Federal Open Market Committee
Traders price 67% odds of a September Fed rate hike after Warsh
What's new: July hike odds jumped to about one-in-three, while stocks initially fell and 2-year Treasury yields surged.
Bloomberg, MarketWatch
Fed holds rates at 3.5%-3.75%, drops 2026 cut outlook
What's new: Officials now pencil in a 3.8% year-end rate and split 9-8 over whether the next move is a hike or no change.
Bloomberg, The New York Times
Fed holds rates at 3.5%-3.75% in Warsh’s first meeting as chair
What’s new: Fed projections showed some officials expect a rate hike by year-end, even as all 12 voting members backed no change.
Fed holds rates at 3.5%-3.75% as Warsh starts overhaul
What's new: Warsh set up task forces on communications, the balance sheet, data, jobs and the inflation framework.
Gold drops 2.6% after Fed signals possible rate hikes in 2026
Why it matters: Higher-for-longer US rates and inflation tied to the Iran conflict add pressure on non-yielding bullion.
US household financial stress hits highest level since 2022
What's next: May CPI data arrives Wednesday, with markets expecting the Fed to hold rates on June 17 and raising odds of a hike later this year.