#FOMCMeeting

The Federal Reserve kept interest rates steady at 4.25-4.50% during its meeting on June 17 and 18, citing weak inflation, strong employment, and uncertainty regarding Trump's tariff policies and global tensions. Chairman Powell emphasized his data-driven stance, as policymakers maintained their flexibility while awaiting further insights on inflation, growth, and the labor market. The updated "dot plot" anticipates two rate cuts in 2025, although the timing remains uncertain amid mixed signals. The independence of the Fed remains firm, despite political pressures. Investors will be watching Powell's press conference, the Consumer Price Index, retail sales, and upcoming geopolitical developments for clues on future policy shifts.