Reported 7 months ago
The Federal Reserve (Fed) began its two-day decision meeting on June 11, 2024, with market focus on the 'dot plot' of interest rate forecasts and the latest economic growth projections. Analysts are warning that the Fed may not cut rates until 2025, potentially leading to a significant pullback in the stock market. As the market's rate cut expectations cool again, the U.S. bond yields surged, with the 10-year yield rising to 4.67% before retreating to 4.43% on the 11th. The upcoming Consumer Price Index (CPI) release before the Fed meeting results, coupled with the dot plot outcome, may cause volatile swings in the U.S. stock market. Various scenarios are discussed based on the dot plot predictions, indicating potential market reactions and outcomes based on Federal Reserve decisions and economic indicators.
Source: YAHOO