t the June meeting, the U.S. Federal Reserve Open Market Committee voted to keep the Fed funds short-term policy rate unchanged in the range of 3.50-3.75%.

Economic data included rises in consumer and producer prices, which were expected, but still not necessarily celebrated. Though, existing home sales and consumer confidence showed some improvement.

Economic data included improvement in manufacturing and services ISM indexes, in addition to strong gains in the May employment situation report, led perhaps some temporary factors.

On a holiday-shortened week, economic data included U.S. GDP growth being downgraded slightly for Q1, stronger durable goods orders, mixed housing metrics, along with continued weak consumer spending.

Economic data included mixed results for manufacturing and services PMI surveys, coupled with a drop in housing starts and further declines in consumer sentiment.

Economic data included gains in industrial production and retail sales, while consumer and producer price inflation moved higher along with recent higher oil prices.