Fed Still Leans In The Direction Of Cuts, But Timing Will Be Delayed
2025-06-18 16:03:00 ET
By James Knightley , Padhraic Garvey, CFA & Francesco Pesole
Fed still projecting rate cuts this year
Unsurprisingly, there was no policy rate change from the Federal Reserve at today’s FOMC meeting. This leaves the Fed funds target rate range at 4.25-4.5%. The accompanying statement adds little, repeating that activity is expanding at a "solid pace" while inflation "remains somewhat elevated". It was a unanimous decision....
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