[Institution: The Fed's FOMC Statement Expected to Indicate Two-Way Risk for Interest Rates] Jin10 News, June 17 – Analysts at BNY Mellon, including John Velis, stated that the upcoming Federal Open Market Committee (FOMC) statement from the Federal Reserve is expected to clearly indicate two-way risks for short-term interest rates. This aligns with the three dissenting opinions expressed during the last FOMC meeting at the end of April. A new Summary of Economic Projections (SEP), also known as the 'dot plot,' will be released. The Head of Americas Strategy anticipates that the median forecast for the end of 2026 will remove the previously expected single rate cut that had been present in several prior cycles.