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Fed Holds Rates at 3.50%-3.75% on June 17 With 98.2% Probability as Warsh Leads First FOMC Meeting

Monetary Policy Forex

2026-06-08 19:31:51

POLYMARKET0.18%

According to the CME Fedwatch tool, the Federal Reserve is expected to maintain its target rate range at 3.50%-3.75% on June 17, 2026, with a 98.2% probability, as Fed Chair Kevin Warsh presides over his first FOMC meeting. Warsh was confirmed by the Senate on May 13 in a narrow 54-45 vote and sworn in on May 22, replacing Jerome Powell. Polymarket traders reflect an even higher 99.3% implied probability of no rate change, with $72.1 million in trading volume. Goldman Sachs has pushed its expected rate cut timeline to 2027, signaling a prolonged hold period ahead, according to Bloomberg.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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