The Fed's June Meeting: Hike or Pause?
TL;DR Summary
While financial markets expect the Federal Reserve to skip an interest rate hike at its June meeting, some economists anticipate a 25-basis-point hike, marking the 11th straight meeting with a hike. The labor market showed strength, adding 339,000 jobs in May, and the core personal consumption expenditure price index increased by 0.4% in April. The market is pricing in only about a 33% chance of a rate hike next week, but a robust CPI reading might spur the Federal Open Market Committee to hike rates.
- Fed might hike interest rates again in June instead of a ‘skip,’ some economists think MarketWatch
- To pause or not to pause? Fed officials divided ahead of critical June meeting Yahoo Finance
- The Fed should take a hawkish pause in June meeting, says fmr. Fed President Robert Kaplan CNBC Television
- Will the Fed hike materialize? FXStreet
- Fed hike or pause?: Where FOMC members stand ahead of June meeting Yahoo Finance
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