Fed to Release June 16-17 FOMC Minutes Wednesday; Investors May Get Limited Clarity

The Federal Reserve will release minutes from its June 16-17 policy meeting on Wednesday at 2 p.m. ET, with investors looking for clues on a potential September rate hike. Chair Kevin Warsh withheld his own rate projection and issued a 130-word statement that dropped forward guidance entirely, according to BeInCrypto, leaving the minutes as the main record of internal debate. The FOMC held rates at 3.50% to 3.75% on June 17 for a fourth straight meeting, with nine of 18 policymakers penciling in at least one 2026 hike. The minutes were drafted before the June payrolls report showed 57,000 new jobs; CME FedWatch now prices a 50% to 55% chance of a September hike, down from 66%.