#FOMCMeeting Main Expectations

• The rate will remain unchanged in the range of 4.25%–4.50%, where it has been since December.

• The Fed is studying the impact of tariffs and geopolitical risks (spike in oil prices) before issuing new policy guidance.

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🔍 What Participants Are Analyzing

• Inflation and employment show moderate decline or stability: CPI +0.1% in May, with no sharp signals.

• The labor market remains strong (unemployment rate ~4.2%), but there are signs of weakening (increase in initial claims for unemployment benefits).

• U.S. trade policy and geopolitics are becoming key factors of uncertainty, affecting forecasts.