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The Fed held rates steady again in its June meeting, maintaining its benchmark range at 3.5%-3.75% while signaling that persistent inflation — rather than slowing growth — remains policymakers’ top concern in the first FOMC...

Economic Trends

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MDM Forecast: June Update

Our latest update shows a fourth straight considerable upward revision to the broader industry’s 2026 forecast, driven again by oil & gas. Get your much more valuable sector-specific revenue forecasts here.

Meanwhile, three-fourths of survey commentary was negative, with more than half of comments citing pricing volatility as an issue and plenty of others mentioning the Iran war.