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Economics12h 43m ago

The US central bank left its benchmark interest rate unchanged at 3.50-3.75% following its meeting this week, yet almost half of its policymakers said they could support a rate hike later this year.

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United States

Who
Federal Reserve policymakers
What
The US central bank left its benchmark interest rate unchanged at 3.50-3.75% following its meeting this week, yet almost half of its policymakers said they could support a rate hike later this year.
When
Thu, 18 Jun 2026 22:34:00 GMT · 12h 43m ago
Where
United States ·
Why
Policymaker split reflects ongoing concerns regarding inflation remaining above target despite moderating economic activity.
The Frontline Impact

How this affects you

The decision and policymaker split generated market uncertainty, leading to a sell-off in US technology stocks and a 1.21% decline in the S&P 500 Index.

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