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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.