#FOMCMeeting

When Federal Reserve officials gather for their policy meeting in June, it is widely expected that they will keep interest rates steady in the current range of 4.25% to 4.50%. Analysts say that with inflation gradually slowing and the labor market stabilizing, the central bank has the option to wait.

Beyond next week's decision, the new forecasts for interest rates and the economy, which will be released after the meeting, will tell a more important story about what may await the central bank in 2025. However, analysts say these forecasts will not guarantee what is to come.

Derek Tang, co-founder of monetary policy research firm LHMeyer, says, "It is difficult for the Federal Reserve to be very certain about its forecasts right now, as a lot can change between now and the end of the year."