🚨 BREAKING:
🇺🇸 FED JUST OFFICIALLY ANNOUNCED U.S. INTEREST RATE DECISION:
EXPECTATIONS: 3.75%
ACTUAL: 3.75%
MARKETS ARE PRICING IN AT LEAST ONE RATE HIKE THIS YEAR
THIS IS EXTREMELY BAD FOR MARKETS...
Warsh said he'll create multiple task forces to examine monetary policy. We don't need to waste time and money establishing task forces when the problem and the solution are obvious. Inflation is too high as policy is too loose. The Fed must stop enabling reckless fiscal policy.
SUMMARY OF FED DECISION (6/17/2026):
1. Fed leaves rates unchanged for the 4th straight meeting
2. 9 out of 18 officials expect at least one rate hike this year
3. Fed lowers its median 2026 US GDP projection from 2.4% to 2.2%
4. Fed now sees PCE inflation not returning to its 2% target until 2028
5. Fed says inflation "remains elevated" relative to their goal
6. Today's Fed decision was reached in a unanimous 12-0 vote
The Fed appears to be bracing for more inflation.
🚨 BREAKING
9 OF 18 FOMC MEMBERS SUPPORT RAISING RATES TO 4.00% IN 2026.
ODDS ON PREDICTION MARKETS IMMEDIATELY PUMPED TO 60%.
HALF OF THE FED IS HAWKISH.
THIS IS EXTREMELY BAD FOR STOCKS AND CRYPTO.
WATCH: Trump on India's Modi:
He is the most beautfiul looking man. He looks so nice. He is like an angel.
But actually he is as tough as a killer. He is a killer.
But he looks so good, so he gets you by surprise.