Keep pulling the thread on Federal Reserve.
The Federal Open Market Committee stated its unanimous commitment to delivering price stability.
The Federal Reserve's June 17th policy statement removed forward guidance, which the committee deemed not well suited for the current policy environment.
In the Federal Reserve's dot plot, 9 out of 18 FOMC members indicated a preference for rate hikes in the current year.
Federal Reserve Chair Kevin Warsh announced the formation of four new task forces to review communications, the Fed's balance sheet, the use of existing data sources, and productivity and jobs.
ASML CEO Christophe Fourquet believes the United States is the clear winner in the AI race against China, leading across the entire AI semiconductor ecosystem.
The United States purchases 80% of the advanced semiconductor chips manufactured worldwide.
The widespread use of GLP-1 medications is creating a significant shift in consumer apparel demand, with 70% of users changing two or more clothing sizes and 50% purchasing new clothing as a result.
An executive order signed by President Trump directs the Department of Energy to approve at least three new nuclear reactors by July 4th, 2026.
The Department of Energy announced that one of its 11 pilot project reactors has achieved criticality, a major milestone in its development.
Over the past 12 months, the U.S. Nuclear Regulatory Commission has renewed the operating licenses for 18 power reactors, allowing them to operate for an additional 20 years.
Power upgrades to existing U.S. nuclear reactors are projected to add approximately 2.5 gigawatts of capacity by 2027 and a total of 5 gigawatts by 2029.
Following the Federal Reserve's policy announcement on June 17th, the 2-year Treasury yield increased by 16 basis points to 4.2%.