#FOMCMeeting The Federal Open Market Committee (FOMC) meeting, held June 17-18, 2025, in Washington, D.C., concluded with the Federal Reserve maintaining interest rates at 4.25%-4.50%, as widely expected. The decision reflects caution amid persistent inflation risks, driven by recent tariffs and a steady labor market with 4.2% unemployment. The updated "dot plot" provided insights into future rate expectations, signaling one or two potential cuts in 2025, likely starting in September. Fed Chair Jerome Powell emphasized independence from political pressure, including from President Trump, who has pushed for deeper cuts. Investors focused on Powell’s press conference for clues on tariff impacts and economic projections. The FOMC’s "wait-and-see" stance underscores uncertainty, with markets anticipating volatility in response to future inflation and trade policy developments.