Federal Reserve June Interest Rate Meeting - For the fourth consecutive time, the interest rate remains unchanged. The dot plot indicates two rate cuts this year, but the number of officials expecting no rate cuts this year has risen to seven, with the expectation for one rate cut next year being reduced.
Federal Reserve Chairman Powell continues to emphasize uncertainty, stating that the current economic situation is suitable for a wait-and-see approach. He also anticipates inflation driven by tariffs to rise in the coming months.
U.S. President Trump reiterated that the Federal Reserve should cut rates: a reduction of 200 basis points is necessary, and a 250 basis point cut would be very good.
