Federal Reserve’s June inflation forecast surprises Wall Street with hawkish pivot
The Fed raised its 2026 PCE inflation forecast to 3.6% and signaled potential rate hikes ahead, rattling Wall Street and pressuring crypto markets.
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Federal Reserve’s June inflation forecast surprises Wall Street with hawkish pivot The FOMC raised its 2026 PCE inflation outlook to 3.6% while holding rates steady, dashing hopes for near-term cuts and rattling risk assets including crypto Share Add us on Google by Editorial Team Jun. 30, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Wall Street was expecting relief. It got the opposite.
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