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Fed's FOMC Statement Expected to Show Two-Sided Rate Risk, With Plan to Drop 2026 Rate-Cut Guidance

2026-06-17 06:37:08

According to John Velis from Bank of New York Mellon, on June 17 the Federal Reserve's FOMC statement is expected to clearly indicate two-sided risks to short-term interest rates, consistent with three dissenting votes from the April meeting. An updated economic forecast summary (SEP) will be released. Velis expects the median forecast for end-2026 to remove the single rate-cut expectation previously held across multiple cycles.

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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