WATCH LIVE: Fed Chair Powell holds press conference post June 2021 decision By Investing.com

Key Points

• Fed Funds Rate unchanged at 0.0-0.25%, QE unchanged at $120bln/month
• Median dot sees first rate hike in 2023
• 7 Fed members see first hike next year (Previously 4)
• 13 see first hike in 2023 (Previously 7)
• QE guidance unchanged: Will maintain purchases “until substantial further progress has been made towards the Committee’s maximum employment and price stability goals”
• Link to FOMC statement and Summary of Economic Projections

Watch the press conference from Federal Reserve Chairman Powell from 19:30BST below: