🚨 FED HOLDS RATES — 5TH STRAIGHT PAUSE
🇺🇸 FOMC votes 9-3 to keep the federal funds rate at 3.50%–3.75%
📊 Dot plot turns hawkish: year-end 2026 median now 3.8% (up from 3.4% in March) — a flip from expected cuts to an implied hike
🔥 Inflation running hot at 4.2%, still above target
⚠️ 9 of 18 officials now pencil in at least one hike this year
🗣️ Chair Kevin Warsh: "Inflation is a choice"
📅 Next decision: September — markets already pricing hawkish odds
🇺🇸 FOMC votes 9-3 to keep the federal funds rate at 3.50%–3.75%
📊 Dot plot turns hawkish: year-end 2026 median now 3.8% (up from 3.4% in March) — a flip from expected cuts to an implied hike
🔥 Inflation running hot at 4.2%, still above target
⚠️ 9 of 18 officials now pencil in at least one hike this year
🗣️ Chair Kevin Warsh: "Inflation is a choice"
📅 Next decision: September — markets already pricing hawkish odds