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Federal Reserve maintains interest rates as officials show division over future hikes.

Bloomberg ·
Federal Reserve maintains interest rates as officials show division over future hikes.
  • The Federal Reserve left interest rates unchanged during its June meeting.
  • New projections show nine officials expect at least one more quarter-point rate hike in 2026.
  • An equal number of officials anticipate either no change in rates or a potential cut this year.

Quotes

“Federal Reserve officials left interest rates unchanged and were split over whether they expect to raise rates this year.”— Bloomberg

Sources