Fed holds rates at 3.5%-3.75% as 3 officials push for hike
What's new: The 9-3 split was the first three-member dissent in one direction since 2016, signaling stronger hawkish pressure before September.
Bloomberg, The New York Times +5
Subject
#Lorie Logan
Strong US jobs data push Fed rate cuts further out of reach
What's new: Traders sharply reduced odds of a June cut and priced in roughly a 70% chance of a hike by late 2026.
Earlier: US adds 172,000 jobs in May, pushing Fed rate cuts further backSeries: United States · May 2026 Jobs Report · 4 chapters since Jun 5