Fed Holds Rates as Walsh Weakens Dot Plot Signal

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The Federal Reserve held rates steady as 18 of 19 FOMC members submitted dot plots. Walsh voluntarily abstained from the dot plot in his first FOMC meeting and emphasized data-dependent decisions. Interest rate futures began discussing a rate hike scenario around October 2026. The S&P 500 fell 1.2%, and the Nasdaq fell 1.3%.
US5000.83%
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