😀😃😄😁 **Interest Rate Decision Forecast for June 2024**

**Time**: 01:00 AM 13/06/2024

Key information to grasp for this interest rate decision:

- **Current interest rate**: 5.5%

- **CPI inflation index** results ... compared to the forecast

- **Unemployment rate** continues to be high

- The **FED** aims to bring inflation back to the 2% mark

What will happen when the FED announces the interest rate?

1. **Maintain the current interest rate**

Good news for the financial market.

2. **Increase the interest rate**

Bad news for the entire financial market as well as the economy. Inflation may decrease but could lead to a recession.

3. **Decrease the interest rate**

Very good for the financial market, but the FED is always steadfast in its goal to thoroughly reduce inflation, which is unlikely at the current time.

Good news: Experts from CMEGROUP predict a 99% chance that the interest rate will remain unchanged this time.

➡ Let's see how the FED will solve the interest rate - inflation - recession puzzle.