#FOMCMeeting FOMC Meeting Recap โ June 18, 2025 ๐๐
The Federal Reserve kept interest rates steady at 4.25โ4.50%, marking its third straight pause. Despite strong pressure from former President Trump to slash rates, the Fed held its ground, reaffirming its independence๐๏ธ. Trump hinted he might "force something" if inflation cools further and rates remain unchanged .
The updated dot plot now shows just one rate cut in 2025, scaled back from earlier projections of two ๐. The Fed cited uncertainty from trade tariffs, mixed labor data, and geopolitical risks .
Markets are eyeing September as the most likely window for a potential cut, depending on upcoming data ๐๏ธ. Chair Powell emphasized a cautious, data-driven path forward staying firm amid political noise ๐.