WS #10048
Fed holds rates at 3.50-3.75% unanimously; dot plot shows 9 of 18 officials see at least one hike in 2026; core inflation forecast raised to 3.3%. Deutsche Bank raises Micron PT to $1500, Citigroup to $1200; Citigroup raises Applied Materials PT to $710.
Fed Holds Rates, Hawkish Dot Plot
Fed holds rates at 3.50-3.75% unanimously; dot plot shows 9 of 18 officials see at least one hike in 2026; core inflation forecast raised to 3.3%.
Deutsche Bank raises Micron PT to $1500, Citigroup to $1200; Citigroup raises Applied Materials PT to $710.