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Fed Keeps Rates Unchanged to Start Warsh Era, Flags 2026 Hike

Washington, June 17, 2026, 17:02 EDT Fed keeps rates unchanged Wednesday, but Chair Kevin Warsh’s first policy meeting sent a tougher signal to markets. Officials warned the next rate move could be a hike, not a cut. The Federal Reserve left its target for the federal funds rate at 3.50% to 3.75%. Officials said economic activity is still solid, but inflation is holding above the 2% target. The decision was unanimous, 12-0. (Federal Reserve) It’s about the new forecasts.

Stocks slip after Fed’s Warsh signals possible 2026 hike

New York, June 17, 2026, 16:10 EDT US stocks ended lower Wednesday after the Fed held rates steady and hinted at a possible hike ahead, not a cut, during Kevin Warsh’s first meeting as chair. The S&P 500 slipped 89.59 points, or 1.19%, to 7,421.76. The Nasdaq Composite lost 349.14 points, or 1.32%, to 26,027.21. The Dow Jones Industrial Average finished down 499.18 points, or 0.96%, at 51,494.99, according to preliminary figures. (Reuters) The Fed held its rate steady at 3.50% to 3.75%, as most economists expected. The surprise came in the updated outlook.

Little Pepe presale gets fresh sponsored-media push as crypto promotion risks stay in focus

MUMBAI, June 18, 2026, 00:32 IST A fresh run of sponsored crypto articles in Indian outlets is promoting Little Pepe, or LILPEPE, as a low-priced meme-token presale with claims of more than $28 million raised and planned exchange listings. The campaign matters because it is arriving in a weak and volatile meme-coin market, where retail buyers are still being pitched early-stage tokens as the next Shiba Inu-style trade. A presale means tokens are sold before normal open-market trading begins, leaving buyers dependent on launch timing, exchange access and the project’s own delivery.

Fubo trades flat after new Swerve pact as Cramer gives media caution

NEW YORK, June 17, 2026, 14:01 (ET) Fubo shares barely moved on Wednesday. The streaming company added yet another sports-programming deal, but investors also got a sharp warning from CNBC’s Jim Cramer, who said media stocks are tough to hold even at these levels. Fubo was last at $9.26, off 2 cents. Early afternoon volume was around 550,000 shares in New York. Swerve TV said it closed new distribution agreements for its Swerve Women’s Sports FAST channel with Fubo, Plex, Amazon Fire TV and Anoki AI.

EPFO 3.0 puts UPI, ATM PF withdrawals in focus; launch still awaited

NEW DELHI, June 17, 2026, 22:32 IST India’s Employees’ Provident Fund Organisation is preparing a wider digital revamp that could let salaried workers draw provident fund money through UPI and ATM-linked channels, but the most closely watched feature is still not live for members. That matters now because the proposed system would change PF from a delayed claim process into something closer to controlled digital access.

IFCI ends up as traders position around NSE IPO talk

BENGALURU, June 17, 2026, 21:44 IST IFCI Limited shares finished up on Wednesday after jumping as much as 8% to hit a new 52-week high. Traders moved into stocks linked to the National Stock Exchange’s upcoming IPO. An IPO is when a company sells shares to public investors for the first time. (The Economic Times) The stock ended at ₹90.07, gaining ₹1.27 from the last close at ₹88.80. It started the day at ₹89.00, hitting a range from ₹89.00 to ₹95.80. Volume reached 239.0 million shares, above its 20-day average of about 92.0 million shares.

HDFC Bank ticks up after $750 million bond deal turns focus to funding

Mumbai, June 17, 2026, 20:34 IST HDFC Bank shares traded higher on Wednesday but missed the strong gains seen across Indian markets. The country’s biggest private-sector lender finished a $750 million offshore bond sale, drawing investors’ eyes to bank funding costs again. The stock closed at ₹787.10 on the NSE, gaining 0.28% after swinging from ₹783.10 to ₹794.30 during the session. On the BSE it finished at ₹786.80, up 0.27%. (Moneycontrol) Nifty 50 added 0.4% to 24,085.70 while the Sensex climbed 0.45% to 77,155.62, logging a fourth session of gains.

Vedanta Aluminium Metal stock falls after demerger even as Nifty, metal stocks gain

MUMBAI, June 17, 2026, 19:34 IST Vedanta Aluminium Metal Limited dropped on Wednesday, its third session since listing separately, with shares closing 1.22% lower at ₹465.36. The NSE-listed VAML traded in a range of ₹447.56 to ₹488.75, according to exchange data, while Indian benchmark indices and metal stocks gained. (ICICI Direct) Vedanta’s aluminium spinoff was the key test of value in the group’s recent break-up.

BSE drops with NSE IPO filing approach, lags India shares

Mumbai, June 17, 2026, 18:46 IST BSE Ltd dropped almost 4% Wednesday, ending a three-session run higher. Traders sold the exchange’s stock ahead of a likely IPO filing from bigger competitor National Stock Exchange. The stock closed down 3.93% at ₹3,999.20 on the NSE. Around 69.8 lakh shares traded. It started the session at ₹4,180, hit a high of ₹4,219.90, then dropped to ₹3,961 at the lowest point. (The Economic Times) An NSE listing would give public investors another direct shot at India’s market infrastructure.

Brokerages Eye SBI, Top Banks and Select Large Caps After Rally

Mumbai, June 17, 2026, 17:41 IST Brokerages turned their attention to State Bank of India again Wednesday. Motilal Oswal put SBI on a list with Tata Steel, Cummins India, Groww, and Mankind Pharma. Axis Securities stuck with its buy on SBI and kept the ₹1,280 target. The calls show bets across banks, steel, pharma, capital goods, and online brokers after the market’s recent strength. (Punjabi Jagran) Indian stocks extended gains for the longest stretch in two months. Shares rose as crude eased after a U.S.-Iran agreement.

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