SUMMARY OF FED DECISION (6/17/2026):
1. Fed leaves rates unchanged for the 4th straight meeting
2. 9 out of 18 officials expect at least one rate hike this year
3. Fed lowers its median 2026 US GDP projection from 2.4% to 2.2%
4. Fed now sees PCE inflation not returning to its 2% target until 2028
5. Fed says inflation "remains elevated" relative to their goal
6. Today's Fed decision was reached in a unanimous 12-0 vote
The Fed appears to be bracing for more inflation.
Objective summary of Fed's June 2026 decision: rates held steady for 4th meeting, 9/18 officials lean hawkish expecting potential hike, GDP forecast cut to 2.2%, PCE inflation target pushed to 2028. No specific equity or ticker discussed.
