Federal Reserve members see possible rate hike this year, Jeroen Blokland notes

Federal Reserve members see possible rate hike this year, Jeroen Blokland notes
Federal Reserve keeps rates steady

Jeroen Blokland reports that the Federal Reserve has decided to keep interest rates unchanged. According to Blokland, nine out of eighteen members of the Federal Open Market Committee anticipate a rate increase this year.

Blokland previously reported that semiconductor stocks fell over 10 percent as strong U.S. jobs data increased concerns about a Federal Reserve rate hike. In Europe, he noted that the Bank of France is preparing to cut its 2026 growth forecast after a first-quarter economic contraction. Both developments have drawn investor focus ahead of the Fed's latest decision.

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