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Fed pauses rate hikes but suggests +50 bps is coming by year-end

Jun 15, 2023

Fed pauses rate hikes but suggests +50 bps is coming by year-end

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Top stories today:
1. Fed pauses rate hikes but suggests +50 bps is coming by year-end
2. Google's shopping generative AI lets you try clothes on different models
3. EU Parliament approves AI regulation bill, which goes to member states
4. European Commission wants Google to break up its ad tech segment
5. Twitter sued by music association for $250M+
6. China's economy slows down in May

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. Fed pauses rate hikes but suggests +50 bps is coming by year-end

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