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The Federal Reserve is scheduled to release its June rate decision at 2 p.m. ET today, followed by a 2:30 p.m. ET press conference. Pre-decision sources point to no rate change, but the official statement and projections should be checked when they post.
The May 2026 CPI report showed consumer prices rose 0.5% for the month and 4.2% from a year earlier. Core CPI increased 0.2% in May and 2.9% over 12 months, while energy prices accounted for most of the monthly increase.
