June 10, 2026
Fed to start technical buying of Treasury bills to manage market liquidity
Most economists see rates at 4%, minority expect cut to 3.75%
Global stocks look past US shutdown, focus on rate cuts
Fed cuts policy rate by a quarter of a percentage point as policymaker projections show two more cuts for remainder of 2025
Fed Chair Powell’s comments that the recent cut was for risk management and the central bank did not need to move quickly on rates tempers expectations
The US Fed is expected to cut its benchmark interest rate by a quarter of a percentage point to the 4.00%-4.25% range
The higher-than-expected unemployment claims numbers solidified expectations that the Federal Reserve will cut US interest rates next Wednesday
European and Asian stocks mostly rise despite China selloff while the bond market calm after rising fiscal health concerns
