#FOMCMeeting

1. Interest rate decision

0-2Held steady at 4.25%–4.50%, as widely expected  .

2. **Updated “dot plot”**

Fewer rate cuts penciled in for 2025 compared to March.

381-2Market odds now suggest the first cut could be in September, though some foresee July  .

3. Economic overview

618-0Inflation has cooled but concerns remain over rising tariff-induced pressure and oil volatility  .