#PowellRemarks

Fed Meeting 2025 Highlights: Key takeaways from US Fed's June policy

US Federal Reserve keeps the benchmark interest rates unchanged at 4.25% - 4.5%. Here are the key highlights from the Fed’s June policy:

- ⁠Dot plot shows wide dispersion on the matrix with outlook of Fed Fund rate around 3.4% in 2027

- ⁠7 official want no rate cut in 2025 up from 4 officials from last meeting.

- ⁠Inflation remains somewhat elevated.

- ⁠Economic projection pointed further stagflationary pressures.

- Forecast lower GDP of 1.4% down 0.3% from March meeting.

- ⁠Fed forecast Fed Rate to be 3.9% at the end of 2025, expecting two rate cuts

⁠Unemployment outlook up to 4.5% or 0.1% higher from March and 0.3% higher than the current levels.