📢Summary of key points from the FOMC meeting #Fed today.

1 AM June 19, 2025

- The Fed kept interest rates unchanged for the 4th consecutive meeting.

- The Fed stated that inflation uncertainty has eased but remains high.

- The Fed lowered its GDP estimate for 2025 to 1.4% and raised its inflation estimate to 3%.

- The Fed's average forecast indicates a 50 basis point rate cut in 2025.

- The Fed's average forecast indicates interest rates at 3.6% in 2026 and 3.4% in 2027.

- Future interest rates increase the likelihood of a rate cut starting in September.

- The Fed continues to pause even as Trump calls for a 100 basis point rate cut.