FOMC Minutes From June 16-17 Meeting Due at 2 PM ET Amid Iran Turmoil
- The Federal Reserve will release minutes from its June 16-17 policy meeting at 2:00 p.m. ET on Wednesday, three weeks after officials held the federal funds rate steady at 3.50%–3.75% (federalreserve.gov calendar).
- Investors are parsing for fresh signals on how the committee is weighing sticky inflation against slowing growth, with the NY Fed's June survey showing one-year consumer inflation expectations at 3.7% — the highest since September 2023.
- Geopolitics adds an extra input: traders want any read on how escalating U.S.-Iran conflict and the resulting oil-price spike could feed through to the inflation and growth outlook before the next decision.