#FOMCMeeting #FOMCMeeting Here is the complete translation of the Federal Open Market Committee (FOMC) meeting report for June 17–18, 2025:

🗓️ Meeting Overview

The Federal Open Market Committee (FOMC) held its meeting on June 17–18, 2025, including the release of the Summary of Economic Projections (SEP).

Most analysts (according to a Reuters poll) expected no change in the interest rate, which remains between 4.25% and 4.50%, with only two out of 105 economists anticipating a rate adjustment.

Why were interest rates unchanged?

Inflation: Consumer and producer price index data showed a larger-than-expected slowdown, giving the Federal Reserve the opportunity to maintain interest rates as they are.

Labor Market: The unemployment rate remains close to 4.2%, with job growth exceeding expectations, reflecting continued market strength.

External Risks: Geopolitical tensions such as the tensions between Iran and Israel, and tariff policies increase uncertainty and could lead to a resurgence of inflation.

Key Points from the Summary of Projections and Federal Comments

It is likely that the new economic projections indicate fewer interest rate cuts in 2025, with markets predicting the first rate cut in September, although some estimates favor October or December.

Federal Reserve Chair Jerome Powell emphasized a cautious data-driven stance, rejecting political pressures (such as those