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18:03
Federal Reserve Summary of Economic Projections (SEP): Core PCE inflation rate in the US is expected to be 3.3% in 2026, compared with 2.7% projected in March.
It is expected that the US PCE inflation rate will be 3.6% in 2026, with a forecast of 2.7% in March.
18:03
The Fed Removes Reference to Further Rate Adjustments in Statement
BlockBeats News, June 18th, the Federal Reserve removed references to further interest rate adjustments in its statement. Policymakers unanimously agreed on this rate decision. The Fed's dot plot showed that out of 19 officials, only 18 submitted dot plot forecasts. (FXStreet)
18:00
Before the release of the Federal Reserve's policy statement, the S&P 500 Index was roughly flat, the Dow Jones rose by 0.3%, the Nasdaq gained 0.2%, the Semiconductor Index jumped 3.6%, and the Bank Index increased by 1.3%.
The US Dollar Index rose by 0.1%. USD/JPY fell by 0.16%. EUR/USD fell by 0.1%. GBP/USD fell by 0.2%. Spot gold rose by 1.1%, and silver rose by 1.8%. The yield on the US 10-year Treasury note fell by 1.38 basis points to 4.4256%, while the two-year Treasury yield narrowed its gain to less than 0.5 basis points.
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