Fed expected to hold rates steady, but watch for the dot plot

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  Posted by Two Blokes Jun 18 - Filed in General - #TwoBlokesTrading  - 8 views
  
  The Federal Reserve is widely expected to keep interest rates unchanged on Wednesday, as policymakers weigh softening inflation and steady employment against a backdrop of escalating geopolitical tensions and uncertain US trade and immigration policies. Despite cooling inflation and mixed economic data—including weak May retail sales and declining industrial production—markets are betting that the Fed will maintain its federal funds target range at 4.25%-4.50%.