Market Report
Learn more about all important trends in the precious metals markets in our market reports on a regular basis.
Platinum Breaks 2021 High, Hits 10-Year Peak
No. 22 | 23rd June 2025
The Fed follows form. In last week’s meeting of the Federal Open Market
Committee (FOMC), US baseline interest rates were held firm at 4.5%,
which was in line with expectations. What is beginning to change, however,
is the outlook for the rest of the year. Two camps are beginning to emerge:
those in the committee who believe there should be 50 bp of cuts before
year-end, and those that see rates staying where they are. The emergence
of the latter since the last FOMC meeting helped to strengthen the dollar
somewhat.
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