Back to today’s briefing

Story perspectives

Fed Holds Rates as Jobs Surge, Inflation at 4.2%

6/14/2026

43 5 Full Breakdown

Summary

Story summary

The Federal Reserve will hold its FOMC meeting June 16-17 and announce the June 17 rate decision, keeping the target range at 3.50%-3.75%.
May non-farm payrolls added 172,000 jobs, unemployment held at 4.3%, and earnings rose 0.3% month-on-month and 3.4% year-on-year.
May CPI rose 0.5% month-on-month to 4.2% year-on-year, with FedWatch indicating under 2% chance of a June or July hike but over 60% chance of a December move.

1 of 1

Story summary

The Federal Reserve will hold its FOMC meeting June 16-17 and announce the June 17 rate decision, keeping the target range at 3.50%-3.75%.
May non-farm payrolls added 172,000 jobs, unemployment held at 4.3%, and earnings rose 0.3% month-on-month and 3.4% year-on-year.
May CPI rose 0.5% month-on-month to 4.2% year-on-year, with FedWatch indicating under 2% chance of a June or July hike but over 60% chance of a December move.