#FOMCMeeting The June 2025 FOMC meeting concluded with the Federal Reserve keeping interest rates unchanged, maintaining the federal funds target range at 5.25%–5.50%. Policymakers emphasized a data-dependent approach, citing mixed economic indicators—stubborn inflation above the 2% target and a resilient labor market. The Fed signaled fewer rate cuts this year than previously anticipated, projecting only one potential cut in 2025. Chair Jerome Powell highlighted the need for greater confidence that inflation is sustainably moving lower before easing. Markets reacted cautiously, with equities dipping and Treasury yields rising, as investors recalibrated expectations for future monetary policy moves amid ongoing economic uncertainty.