Shares of power producers rose as Treasury yields continued their decline ahead of the Federal Reserve's policy statement.
The Fed is likely to leave rates unchanged but could shift rate expectations in its statement. Odds of a rate hike this year rose sharply during the Iran war due to the inflationary implications of the Strait of Hormuz closure.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
June 16, 2026 17:38 ET (21:38 GMT)








