#FOMCMeeting

The FOMC held interest rates steady at 4.25-4.50% (June 17-18, 2025 meeting), as widely expected. The updated dot plot now projects only one rate cut for 2025, down from previous expectations.

Key takeaways:

Inflation: May CPI/PPI cooled, but core inflation remains elevated.

Labor Market: Resilient, yet showing signs of softening.

Consumer Activity: Retail sales declined, indicating slowing demand.

Geopolitical Risks: Middle East tensions and trade policies add inflation uncertainty.