Federal Reserve Holds Rates at 3.5%-3.75%, December Hike Probability Near 50% Per Huatai Securities

According to Huatai Securities, the Federal Reserve maintained its policy rate at 3.5%-3.75% on June 18 morning (Beijing time), with the dot plot indicating a possible preventive rate hike in 2026. The research firm forecasts that the Fed will keep rates unchanged through September, with a December hike probability approaching 50%. By end of next year, the Fed may have implemented a cumulative two rate increases, Huatai added.
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