Fed Leaves Rates Unchanged, Projections Over Hikes Are Split

The Federal Open Market Committee unanimously held its benchmark rate at 3.5%-3.75%. Policymakers were split on whether they expect to raise rates later this year, signaling uncertainty around the next policy move. The decision is market-wide and directly relevant to rates, yields, and broader risk assets.

Analysis

The Federal Open Market Committee unanimously held its benchmark rate at 3.5%-3.75%. Policymakers were split on whether they expect to raise rates later this year, signaling uncertainty around the next policy move. The decision is market-wide and directly relevant to rates, yields, and broader risk assets.