#FOMCMeeting The FOMC concluded its June 17-18, 2025 meeting, maintaining the federal funds rate at 4.25%-4.50%. This marks the fourth consecutive hold, aligning with market expectations. While the labor market remains solid, and the economy continues to expand modestly, inflation remains slightly above the Fed's 2% target.

The updated Summary of Economic Projections (SEP) indicates that most officials still anticipate two 25 basis point rate cuts in 2025, with the first likely in September. However, increased uncertainty, particularly regarding geopolitical and trade policy risks, suggests a cautious "wait-and-see" approach as the Fed navigates its dual mandate of price stability and maximum employment.