#FOMCMeeting Key Decisions
The Federal Reserve kept the federal funds rate unchanged at 4.25%–4.50%, marking the third consecutive pause since December. The committee emphasized that rate adjustments will hinge on future data amid growing uncertaintiesciteturn0search9turn0news15.
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🔄 Updated Economic Projections
The dot‑plot now shows only one rate cut expected in 2025, down from the two projected in March. Markets see minimal chance of a July cut, with the first likely in Septemberciteturn0news14turn0news30turn0search3.
Officials signaled more cautious growth and slightly higher inflation forecasts due to trade tension and geopolitical risksciteturn0news15turn0news30turn0search3.
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🌍 Contextual Influences
Geopolitical pressures (e.g., Israel–Iran conflict) have pushed oil prices higher, adding to inflation concernsciteturn0news15turn0news14turn0news30.
U.S. trade uncertainties, particularly new tariffs, are expected to weigh on economic growth and inflation dynamicsciteturn0news14turn0news15turn0news30.
Domestic indicators: job growth remains solid, but consumer spending and industrial output showed signs of softening in