1 Reason Why the Fed's Decision to Keep Interest Rates Steady Is No Match for Costco Stock
Key takeaways
- Neil Patel, The Motley Fool Mon, June 22, 2026 at 1:20 AM GMT+7 3 min read COST NVDA Kevin Warsh just had his first meeting as the new Federal Reserve chairman.
- Half of the meeting s participants also expect at least one rate hike in 2026.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Neil Patel, The Motley Fool Mon, June 22, 2026 at 1:20 AM GMT+7 3 min read COST NVDA Kevin Warsh just had his first meeting as the new Federal Reserve chairman. In what was a highly anticipated decision, the world s most powerful central bank chose unanimously to keep the benchmark federal funds rate unchanged within a range of 3.5% to 3.75%.
Half of the meeting s participants also expect at least one rate hike in 2026. This is unwelcome news for investors who were hoping for a more accommodative interest rate policy. Blame it on elevated inflation levels.
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 »