#FOMCMeeting The Federal Reserve is likely to hold interest rates steady in June.

Economic data looks solid for now, but the outlook is more uncertain for the rest of the year, thanks to tariffs and other policy changes.

The “dot plot” of Fed projections for the path of monetary policy and the economy could show fewer interest rate cuts in 2025.

Bond futures traders see 60% odds that the next rate cut comes in September.

When Federal Reserve officials meet for their June policy-setting meeting, it’s widely expected that they’ll hold interest rates steady at the current range of 4.25%-4.50%. Analysts say that with inflation slowly cooling and the labor market holding steady, the central bank has the luxury of waiting.