FOMC June 2026 report
Kevin Warsh's first meeting as Fed Chair held rates at 3.50 to 3.75 percent on a unanimous vote, but the story was everything around it. A rewritten statement, an easing bias deleted, and a dot plot that flipped from a projected cut to a projected hike. Here is what the hawkish shift, the cross-market reaction, and the fading energy story actually mean for traders.