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Forward guidance is gone: FOMC Post-Meeting Comment June 2026
As widely expected, the FOMC kept the target range for the federal funds rate unchanged at 3.50- 3.75% and dropped its easing bias. However, this decision was announced in an unusually short statement. The decision was unanimous, with Miran – who repeatedly dissented because he wanted to cut – was replaced by Warsh. The press conference was a clear break from in the Bernanke-Yellen-Powell era, with Warsh making an end to forward guidance. The statement was so short, that we replicate it here: The Federal Open Market Committee approved the following statement for release by a 12 – 0 vote: The Committee decided ... (full story)
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- Jun 17, 10:24pm | 8 hr ago Posted byFundamental Analysis21,725
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