Will the FOMC leave the fed funds target range unchanged at the conclusion of the June 13-14 meeting? Or will it opt for another increase of 25 basis points to reach the highest since 5.25 percent in August 2007?1 Although a majority of Fed policymakers may have signaled leaning towards a pause before the start of the communications blackout period that began at midnight on Saturday, June 3, that doesn’t guarantee their opinions will remain that way. Moreover, while thoughts may differ on whether to pause or hike rates again, it will come down to the FOMC voters to determine the outcome. This is one meeting at which ... (full story)