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Fed holds rates steady, but projections reopen chance of hikes
In the latest Summary of Economic Projections, half of the SEP participants expected at least one rate increase by the end of 2026.
Zillow Research reports that the Fed’s June meeting left the target interest rate unchanged, with the Committee acting unanimously.
The outlet said half of the 18 SEP participants expected higher rates by year end 2026, while eight projected no hikes.
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