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18:18
Raster Chart Analysis: One Fed Member Supports 3 Rate Hikes This Year
BlockBeats News, June 18th, the Fed's dot plot showed that 1 person believes there should be 3 rate hikes in 2026 (0 in March), 5 people believe there should be 2 rate hikes in 2026 (0 in March), 3 people believe there should be 1 rate hike in 2026 (0 in March), 8 people believe the interest rate should remain unchanged in 2026 (7 in March), 1 person believes there should be 1 rate cut in 2026 (7 in March), 0 people believe there should be 2 rate cuts in 2026 (2 in March), 0 people believe there should be 3 rate cuts in 2026 (2 in March), 0 people believe there should be 4 rate cuts in 2026 (1 in March). Overall, the number of people supporting rate hikes in 2026 has surged to 9, with one person supporting an aggressive 75-basis-point hike, while the number of people supporting rate cuts has sharply declined to 1. (FXStreet)
18:10
The market is now fully expecting the Federal Reserve to raise interest rates by 25 basis points before the end of the year.
BlockBeats News, June 18th, the market is now fully expecting the Federal Reserve to raise interest rates by 25 basis points before the end of the year. (Kryptonite)
18:09
The Federal Reserve releases FOMC statement, reiterating its policy on maintaining bank system reserves
The Federal Reserve FOMC statement reiterated the policy of maintaining ample reserves in the banking system and instructed the Open Market Operations Desk to increase securities holdings when appropriate.
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