#FOMCMeeting

The FOMC meeting you're referring to likely took place on June 17-18, 2025. Here's what happened¹ ²:

- *Meeting Outcome*: The Federal Reserve decided to keep interest rates unchanged at 4.25%-4.5%, as expected by the market. This decision aligns with the Fed's data-driven approach, considering robust employment growth and inflationary pressures.

- *Key Takeaways*:

- The Fed stated that uncertainty about the economic outlook has increased, and risks to both inflation and unemployment have risen.

- The Committee will continue to monitor economic data and adjust its stance on monetary policy accordingly.

- The Fed aims to maintain flexibility on when to deploy further interest rate cuts, potentially later in the year if economic slowdown materializes and inflation allows.

- *Future Projections*:

- The Fed's Summary of Economic Projections and the "dot plot" revealed expectations for potential rate cuts later in 2025.

- Economists predict the Fed might resume cutting rates in September, with some forecasting 50 basis points of cuts in the fourth quarter.

- *Market Reaction*:

- The US Treasury market showed little change after the announcement, with markets pricing in a quarter-point rate decision.

- Traders will closely watch Powell's press conference and the "dot plot" for insights into future monetary policy decisions.