🏦 Federal Reserve Policy Update Current Rate Range: 3.5–3.75% (unchanged since March 2026). Reasoning: Inflation remains elevated, partly due to global energy price increases and Middle East instability. Mandate: Balance maximum employment with a 2% inflation target. Voting Split: Some members wanted cuts, others resisted adding an “easing bias.” 🌍 Global Market Impacts Currency Markets A higher Fed rate strengthens the U.S. dollar , making imports more expensive worldwide. Eurozone: The euro weakens, forcing the ECB to weigh its own rate path. Japan: Yen depreciation pressures the Bank of Japan to intervene. Emerging Markets: Countries like Brazil, India, and Türkiye face capital outflows and currency volatility. Stock Markets U.S. equities: Growth sectors (tech, biotech) are most sensitive to higher borrowing costs. Europe: DAX and FTSE often mirror Wall Street moves, with defensive sectors outperforming. Asia: Nikkei and Hang Seng react to dollar strength and capital fl...