Fed Whisperer: Fed Clearly Hawkish, Policy Statement Overhauled

CoinFeed June 18 news, according to Jinshi reports, "Fed Whisperer" Nick Timiraos commented on the Fed's interest rate decision: This time the Fed's dot plot shows a clear hawkish tilt. Among the 18 officials, 9 expect at least one rate hike this year, with 6 of them even anticipating multiple hikes. In contrast, only 1 official expects a rate cut this year; additionally, 1 participant (speculated to be Fed Chair Wash) did not submit a Summary of Economic Projections (SEP). Meanwhile, the Fed's policy statement was comprehensively revised from beginning to end, with the text length noticeably shortened. Overall, the communication framework of this meeting has undergone significant changes, and market expectations for the interest rate path may be readjusted accordingly.