The Fed's Latest Inflation Outlook Offers Wall Street Its First Relief in Months
Key takeaways
- James Brumley, The Motley Fool Sat, June 20, 2026 at 8:36 PM GMT+7 4 min read NVDA Interest rates are likely headed higher later this year.
- And data from interest rate futures exchange CME says the market s now making the same bet, with that quarter-point rate hike expected more than not by the end of September.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
James Brumley, The Motley Fool Sat, June 20, 2026 at 8:36 PM GMT+7 4 min read NVDA Interest rates are likely headed higher later this year. That s the chief takeaway from the Federal Reserve s most recent public assessment of the United States economy, anyway.
In its projection of key economic numbers released on Wednesday, the Federal Open Market Committee (FOMC) indicated it expects the federal funds rate to reach 3.8% (a range of 3.75% and 4%, to be specific) versus the current target range of 3.5% to 3.75%, up from March s full-year projection of 3.4% (3.25% to 3.5%). And data from interest rate futures exchange CME says the market s now making the same bet, with that quarter-point rate hike expected more than not by the end of September.
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 »