๐ 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
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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
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JUST IN: ๐บ๐ธ Fed Chair Kevin Warsh says markets perform best when they react to economic data, not when they try to predict how the Federal Reserve will react.
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JUST IN: ๐ฅ $650,000,000,000 has been added to U.S. stocks today as the S&P 500 surged 1%.
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JUST IN: ๐จ Meta has reportedly moved 30% to 50% of engineers on core teams into data-labeling roles for AI training.
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JUST IN: ๐บ๐ธ ๐ฎ๐ท President Trump says reports claiming the U.S. will pay Iran $300 billion are fake news.
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BREAKING: ๐บ๐ธ US CENTCOM announces that the US Naval blockade on the Strait of Hormuz has officially been lifted.
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๐จ๐จ IRAN'S SUPREME LEADER SAYS IF THE AMERICAN SIDE WANTS TO BE TOO DEMANDING, WE WILL NOT ACCEPT IT.
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๐ฎ๐ท๐บ๐ธ Iran's Supreme Leader Mojtaba Khamenei says President Trump used "all sorts of levers" out of desperation to reach an agreement with Iran.
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๐ SpaceX $SPCX is down -22% in the last 2 days, wiping $660 billion from its market cap.
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๐บ๐ธ๐ฎ๐ท NEW: The White House confirms J.D. Vance will not be leaving to Switzerland tonight, says negotiations with Iran are โnever simple or predictableโ
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