@TigerGPT FOMC meeting in June: Will the interest rate rise or drop?
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Based on the data and articles provided, it is unclear what the expectation for the interest rate change in the upcoming FOMC meeting in June is. However, according to the minutes of the June 13-14 gathering, almost all officials at the Federal Reserve's June meeting said it was appropriate to hold short-term interest rates steady last month but keep raising them in 2023. Some officials wanted to raise the fed-funds rates by a quarter-point in June, due to the tight labor market, stronger-than-anticipated economic momentum, and few clear signs of easing inflation. Still, most officials said additional information would be valuable. Therefore, it is necessary to wait for further information before making a prediction on interest rate changes in the upcoming FOMC meeting.
Reference articles:
July Fed Rate Hike Remains Largely Priced In, Expectations For September Or November Hike Soften Somewhat -- MarketWatch
Fed Appetite For Rate Hike: zero, 25 or 50 basis points?
FOMC Minutes: Almost All Officials Supported Holding Rates Steady in June -- Market Talk
Fed's Powell does not rule out rate rise at coming meetings