FOMC Statement Expected to Indicate Two-Way Risk to Rates -- Market Talk
Dow Jones06-17
0508 GMT - The upcoming FOMC statement is expected to indicate a clear two-way risk to rates over the short term, in line with the three hawkish dissents from the previous FOMC meeting at the end of April, BNY's John Velis says. A new Summary of Economic Projections--SEP, or the dot plot--will be released. BNY expects the median projection for end-2026 to eliminate the single cut that had been present for several cycles, the head of Americas strategy says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
June 17, 2026 01:08 ET (05:08 GMT)
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