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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Where are the market levels as Warsh begins his press conference
- Fed Chair Warsh: We recognize that inflation has been running "well ahead" of 2%
- Markets shift in a hawkish direction after the FOMC statement and dot plot
- The full FOMC statement from the June 2026 meeting.
- FOMC June 2026 dot plot sees end of year target at 3.8% vs 3.4% in March 2026
- Federal Reserve rate decision: No change to the Fed funds target, as expected
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Fed holds rates steady at 3.5-3.75% despite inflation fears. Warsh faces pressure for cuts.
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