AI Data Insight
The U.S. Federal Reserve (Fed) maintained the target cap for the federal funds rate at 3.75% at its June 2026 meeting, holding rates steady for the fourth consecutive time, in line with market expectations. In his debut, the new Chair Kevin Warsh demonstrated a tough anti-inflation stance. The latest dot plot further showed that nearly half of the officials expect rate hikes could resume before the end of the year, driving up U.S. Treasury yields.