2025-06-18
The Fed's June meeting
18/6/2025 (Wed)
Previous: 4.5% Forecast: 4.5%
The Feds widely expected to hold interest rate steady when policymakers meet Wednesday, even though the White House has been increasingly roiled by its wait-and-see approach.
Concerns are lingering that Trump's tariffs will reignite the high inflation that has fallen to within shooting distance of the target of a 2%. The FOMC will zero in on the results of ongoing trade talks.
The current projection for Q2 GDP growth in 2025, according to the GDPNow model, is 3.8%, according to a June 9 update. Potentially strong pace of economic expansion also refute the need of immediate action.
Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.