#FOMCMeeting Interest rate decision
0-2Held steady at 4.25%–4.50%, as widely expected .
2. **Updated “dot plot”**
Fewer rate cuts penciled in for 2025 compared to March.
381-2Market odds now suggest the first cut could be in September, though some foresee July .
3. Economic overview
618-0Inflation has cooled but concerns remain over rising tariff-induced pressure and oil volatility .