#FOMCMeeting

The June 2025 FOMC meeting wrapped up with the Federal Reserve holding interest rates steady at 4.25%–4.50%, as widely expected2. While the decision itself was a non-event for markets, the real intrigue came from the updated dot plot and Powell’s press conference.

Key Takeaways:

No rate change, but the Fed reaffirmed its projection of two rate cuts by the end of 2025, though opinions among policymakers are increasingly split.

Inflation remains sticky—core PCE is hovering around 2.4%, and Powell acknowledged the uncertainty caused by tariffs and geopolitical tensions, especially the Israel-Iran conflict2.

Labor market is still solid, but cracks are forming: participation is slipping, and some Fed members are watching for signs of weakening.

Powell emphasized that the Fed is in a “foggy” period, urging caution in interpreting projections: “It’s just a forecast in a very foggy time,” he said.

Markets barely flinched—Wall Street seems to be in “wait-and-see” mode, digesting the Fed’s cautious tone. Want to explore how this might affect crypto, stocks, or your portfolio strategy? I can help you break it down. Let’s zoom in.