The Fed Removed This 1 Key Phrase From the Inflation Report. What That Means for the Market.
Key takeaways
- Leo Sun, The Motley Fool Sun, June 28, 2026 at 1:25 AM GMT+7 3 min read NVDA On June 17, the Federal Reserve held its fourth Federal Open Market Committee (FOMC) meeting of the year.
- The Fed kept the benchmark rate unchanged at 3.50%-3.75%, which probably didn't surprise many investors, given that inflation hit a three-year high of 4.2% in May.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Leo Sun, The Motley Fool Sun, June 28, 2026 at 1:25 AM GMT+7 3 min read NVDA On June 17, the Federal Reserve held its fourth Federal Open Market Committee (FOMC) meeting of the year. It was also the first Fed meeting chaired by Kevin Warsh, who was nominated by President Trump and succeeded Jerome Powell on May 22.
The Fed kept the benchmark rate unchanged at 3.50%-3.75%, which probably didn't surprise many investors, given that inflation hit a three-year high of 4.2% in May. But Warsh also broke with his predecessors, halting the Fed's forward guidance on the economy and refusing to submit his own interest rate projections.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »