MacroBrief
Fed holds rates; sees two cuts still this year
Fed
Levels
IEF
US rates proxy (IEF)
92.76
-0.44%
SPY
S&P 500 (SPY)
773.03
-0.03%
Indicative and delayed. Some markets use ETF proxies.
The FOMC left the policy rate unchanged. The median projection still shows two cuts this year. Markets trimmed odds of a move at the next meeting. Source: Demo.