71
Economics12h 39m ago

The Federal Reserve left its benchmark interest rate unchanged at 3.50-3.75% following its meeting this week, with policymakers sharply divided on future rate adjustments.

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United States

Who
Federal Reserve policymakers; Kobsak Pootrakool (Bangkok Bank); Chayanon Rakkanjanan (Finnomena); KGI Securities (Thailand)
What
The Federal Reserve left its benchmark interest rate unchanged at 3.50-3.75% following its meeting this week, with policymakers sharply divided on future rate adjustments.
When
Thu, 18 Jun 2026 22:34:00 GMT · 12h 39m ago
Where
United States ·
Why
The split highlights concerns that inflation remains stubbornly above desired levels despite signs of moderating economic activity.
The Frontline Impact

How this affects you

The uncertainty triggered a sell-off in US technology stocks, with Meta falling 5.4% and Microsoft losing 3.7%, contributing to a broader decline in the Nasdaq and S&P 500 Index.

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