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How Markets Reacted to Fed Meeting, What Powell Said About Inflation

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The Federal Reserve left rates at near zero in their June FOMC meeting.

Per the dot plot, which shows the Fed's projection for interest rates, officials moved up their expectations for when rates will be raised with some expecting two rate hikes before the end of 2023. 

Following the announcement, Jerome Powell conducted a press confere

Here are the takeaways and the market's reaction to the FOMC statement. 

Full Story: Federal Reserve Hints at Two 2023 Rate Hikes, Boosts Growth, Inflation Forecasts

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