FOMC announced its latest monetary policy decision today at 7:00 pm GMT and it turned out to be in-line with market expectations. The US central bank hiked Fed funds rate by 50 basis points, from 3.75-4.00% to 4.25-4.50% range. Median rate forecast for 2023 came in at 5.1%, up from 4.6% in September's projection. Median for 2024 was announced at 4.1%.
Economic calendar: Oil, Fed, jobless claims, and Wall Street earnings 🔎
Morning wrap: Trump expects an agreement with Iran as soon as this weekend 📌
Daily Summary: Markets take a breather (03.06.2026)
BREAKING: ISM Non-Manufacturing PMI above expectations