Daily Market Update 6/18/15

Rates inched lower Thursday following yesterday’s Fed policy statement.  While there was no specific indication of the timing of future rate increases, 15 of the 17 Fed officials expect at least one rate hike this year, and 10 of those expect two.  In today’s economic news, weekly Jobless Claims fell to 267,000, a bit below forecast.  The May Consumer Price Index (CPI) rose 0.4%.  Core CPI, which excludes volatile food and energy components, increased 0.1%, below expectations, and was 1.7% higher than one year ago.  Leading Indicators rose 0.7%, above the consensus forecast of 0.4%.  No other key data will be released today.

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