{"id":482146,"date":"2026-06-17T16:08:09","date_gmt":"2026-06-17T16:08:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/482146\/"},"modified":"2026-06-17T16:08:09","modified_gmt":"2026-06-17T16:08:09","slug":"fed-meeting-today-spacex-drops-as-investors-await-warshs-first-rate-decision-live-updates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/482146\/","title":{"rendered":"Fed Meeting Today: SpaceX Drops as Investors Await Warsh&#8217;s First Rate Decision \u2014 Live Updates"},"content":{"rendered":"<p class=\"ewndlf00 css-rz90ys-FormattedText\">The three major indexes are mixed, with the Nasdaq composite in focus after yesterday&#8217;s stumble. The S&amp;P tech sector is up about 0.6% around midday. After climbing early in the session, Elon Musk&#8217;s SpaceX is slipping. It&#8217;s still by far the most actively traded stock on the Nasdaq in dollar terms, though.<\/p>\n<p class=\"ewndlf00 css-rz90ys-FormattedText\">Brent crude oil futures are gaining but remain around <a href=\"https:\/\/www.wsj.com\/livecoverage\/fed-meeting-warsh-interest-rate-06-17-2026\/card\/this-oil-market-indicator-shows-easing-supply-fears-K2Y6BEf6CVJf0LchycWz\" rel=\"nofollow noopener\" target=\"_blank\">$80 a barrel<\/a>, their lowest level since the first few days of the Iran war. Still, assuming a deal to stop the fighting holds, oil exports and production <a href=\"https:\/\/www.wsj.com\/business\/energy-oil\/oil-supply-to-rebound-strongly-after-gulf-shock-but-recovery-will-take-months-iea-says-a0ccae8b\" rel=\"nofollow noopener\" target=\"_blank\">will take months to recover<\/a>, the International Energy Agency said today.<\/p>\n<p class=\"ewndlf00 css-rz90ys-FormattedText\">The Fed is expected to keep rates steady when it announces its decision at 2 p.m. ET. Conversation at the central bank, however, is <a href=\"https:\/\/www.wsj.com\/economy\/central-banking\/trump-picked-warsh-to-cut-rates-his-committee-is-talking-about-hikes-3814bcaf\" rel=\"nofollow noopener\" target=\"_blank\">turning toward rate hikes<\/a> rather than cuts, as my colleague Nick Timiraos reports.<\/p>\n","protected":false},"excerpt":{"rendered":"The three major indexes are mixed, with the Nasdaq composite in focus after yesterday&#8217;s stumble. The S&amp;P tech&hellip;\n","protected":false},"author":2,"featured_media":482147,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[111,139,69,111579,147,392],"class_list":["post-482146","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-new-zealand","tag-newzealand","tag-nz","tag-risk-compliance","tag-science","tag-space"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/482146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=482146"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/482146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/482147"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=482146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=482146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=482146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}