#FOMCMeeting Preview of the June FOMC meeting: How long will the Fed continue to wait for interest rate cuts?

Officials may signal fewer measures to reduce interest rates in 2025.

Key takeaways

The Federal Reserve is likely to keep interest rates steady in June.

Economic data looks solid for now, but the outlook is more uncertain for the rest of the year, thanks to tariffs and other policy changes.

The Fed's "dot plot" of projections for the path of monetary policy and the economy may show fewer interest rate cuts in 2025.

Bond futures traders see a 60% chance that the next interest rate cut will occur in September.