Fed raises 2026 rate projection to 3.8 percent
Federal Open Market Committee participants raised their median federal funds rate projection for 2026 to 3.8 percent.
The Swiss National Bank (SNB) has kept its policy rate unchanged at 0 percent.
The Reserve Bank of New Zealand is consulting on new crisis preparedness policies and standards under the Deposit Takers Act 2023.
People's Bank of China Governor Pan Gongsheng met with Monetary Authority of Singapore Managing Director Chia Der Jiun on June 17, 2026.
The Federal Reserve kept the federal funds rate target range unchanged at 3.5-3.75 percent.
Federal Open Market Committee participants raised their median federal funds rate projection for 2026 to 3.8 percent.
The Federal Open Market Committee unanimously decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent.
Banca d'Italia has released three new Working Papers and five new Occasional Papers.
Banco de México mandates simplified electronic transfers and expands deposit account limits.
The Northern Metropolis Financial Advisory Taskforce, jointly established by the Hong Kong Monetary Authority and The Hong Kong Association of Banks, held its inaugural meeting.
The Deutsche Bundesbank's 2025 study on payment behavior in Germany reveals that cashless payments now account for over half of daily purchases for the first time.
The People's Bank of China (PBOC) has optimized its operational arrangements for overnight ad hoc repo/reverse repo operations as of June 17, 2026.