1130 ET - While the Fed is likely to stay on hold next week, the only concrete action that seems likely is the FOMC dropping its easing bias from the policy statement, according to a note from Capital Economics. Given Chairman Kevin Warsh's new influence, the policy statement will likely omit any form of guidance entirely. In the summary of economic projections, they write there could be one fewer dot than usual given speculation that Warsh will not participate in the SEP, but he'll still be quizzed on his views during the press conference. (jessica.coacci@wsj.com)

(END) Dow Jones Newswires

June 11, 2026 11:30 ET (15:30 GMT)

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