#FOMCMeeting The FOMC held interest rates steady at 4.25-4.50% (June 17-18, 2025 meeting), as widely expected. The updated dot plot now projects only one rate cut for 2025, down from previous expectations.

Key takeaways:

Inflation: May CPI/PPI cooled, but core inflation remains elevated.

Labor Market: Resilient, yet showing signs of softening.