Wolf Money(world market review 15-21 Jun 2026)
(Beautiful Japan: Kyoto Central Post Office) Market Summary 15-21 Jun 2026 *USA* -Fed left rates unchanged at 3.5% to 3.75% and removed previously projected 2026 rate cut from dot plot; about half of policymakers now see at least one rate hike this year -Fed FOMC sees interest rate at 3.6%-4.1% range in 2026 + Fed is not yet signalling the start of a renewed tightening cycle ± Fed new chair Warsh outlined slew of task forces being set up to look at current practices, to drop issuance of forward guidance in future, to ensure price stability + US retails sales up 0.9% MoM in May vs consensus of 0.6% forecast + US dollar Index rose 0.7% to 100.79 and reached 100.8, highest since May 2025 + US initial claims for state unemployment benefits down 4000 to 226,000 for wk ended Jun 13 + US equity funds drew net US$38.37bn in their strongest week since Nov 2024, tech sector funds gaining record US$21.46bn; foreigners bought estimated US$103bn of US...