Here’s what the #FederalReserve usually says when interest rates are maintained and what you can EXPECT to hear from them at 2pm today (June 12, 2024):

#Inflation remains elevated.

The Committee remains highly attentive to inflation risks.

The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run.

In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent.

The Committee will continue to assess additional information and its implications for monetary policy.

In determining the extent of additional policy firming that may be appropriate to return inflation to 2 percent over time, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments.

In addition, the Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities, as described in its previously announced plans. The Committee is strongly committed to returning inflation to its 2 percent objective.

Of course, the Fed also considers geopolitical risks (overseas tensions, war, etc).

Let's see what they actually say at 2pm!

I would avoid rushing into any new positions this morning.

I would wait for the drop.

Then make your own informed, carefully considered decisions...

Good luck!