This month brought a mix of central bank decisions, heightened geopolitical tensions, and market volatility. Amid the drama, cautious optimism persisted as investors sought opportunities in a turbulent landscape. Here’s a breakdown of the key events and market trends shaping the markets
Summary Highlights
Central Banks Hold Rates Steady: The Federal Reserve and Bank of England maintained their benchmark rates, while internal divisions on future rate cuts widened.Geopolitical Tensions in Focus: Escalating Iran-Israel conflict drove market volatility, with oil prices surging before stabilizing.
Central Banks Hold Steady
Central banks across major economies opted to hold interest rates steady this week, reflecting a cautious approach amid economic uncertainties. The Federal Reserve left its benchmark rate unchanged at 4.25%–4.50% for the fourth consecutive meeting. However, the June dot plot revealed growing divisions, with some officials advocating no rate cuts this year, while others anticipate two reductions. Fed Chair Jerome…
