8 min
Fed FOMC May 2026 Preview: Will the Fed Hold Rates Again?
FOMC meets June 16-17. Hold probability 70%, cut 28%. Weak GDP and sticky prices complicate the projections.
Brief takes on market-moving events.
FOMC meets June 16-17. Hold probability 70%, cut 28%. Weak GDP and sticky prices complicate the projections.
Jerome Powell's last FOMC ended with rates held at 3.50–3.75% and an 8-4 internal vote. The split reveals more than the decision.
The Fed maintained steady rates as Jerome Powell concludes his tenure. Kevin Warsh nomination advances amid market expectations of 1–2 cuts by year-end.