WS #10041
Fed holds rates at 3.50%-3.75%, removes easing bias, dot plot signals potential 25bp hike in 2026, PCE forecast raised to 3.6%. SpaceX to acquire AI coding platform Cursor for $60B in all-stock deal, shares hit new high, ETF frenzy with $1B+ volume. Anthropic ordered to suspend access to Fable 5 and Mythos 5 AI models for foreign nationals due to national security threat; meeting with Trump administration ongoing.
Fed Hawkish Hold
Fed holds rates at 3.50%-3.75%, removes easing bias, dot plot signals potential 25bp hike in 2026, PCE forecast raised to 3.6%.
SpaceX to acquire AI coding platform Cursor for $60B in all-stock deal, shares hit new high, ETF frenzy with $1B+ volume.
Anthropic ordered to suspend access to Fable 5 and Mythos 5 AI models for foreign nationals due to national security threat; meeting with Trump administration ongoing.