*FED HOLDS BENCHMARK RATE IN 5.25-5.5% TARGET RANGE
— zerohedge (@zerohedge) June 12, 2024
But big hawkish surprise:
*FOMC MEDIAN FORECAST SHOWS 25 BPS RATE CUTS IN '24 VS 75 BPS
📉 Fed Day Market Check: Bond yields slightly pared their slide with the Treasury two-year yields still down 12 basis points to 4.72%. The S&P 500 trimmed its gain to less than 1% https://t.co/GgVnmFDhRw
— Bloomberg Opinion (@opinion) June 12, 2024
