US Edition
Fed holds key rate steady, still sees two more cuts this year
UNITED STATES, JUN 19 – Federal Reserve projects two interest rate cuts in 2025 despite inflation risks from tariffs and slower growth, with GDP expected to rise just 1.4%, Fed officials said.
- On June 18, 2025, the Federal Reserve held its benchmark rate at 4.25%-4.50% after its fourth policy meeting, penciling in two quarter-point cuts later this year.
- Amid last year’s three rate cuts, policymakers weighed volatile U.S. trade policy and persistently high inflation alongside slower growth before deciding on rate guidance.
- Projections forecast growth at 1.4%, unemployment at 4.5%, and inflation at 3%, Powell said, while the Fed's outlook remains cautious amid economic uncertainties.
- In response to the decision, markets fell, with futures for the S&P 500 and Dow Jones sliding 0.6%, as President Donald Trump labeled Fed Chair Jerome Powell `stupid` and urged halving the rate.
- Looking forward, projections show inflation will hold at 2.4% through 2026 before easing to 2.1% in 2027, while investors price around a 70% chance of at least two rate cuts in 2025.
273 Articles
273 Articles
Should You Open a 6-Month CD Before Interest Rates Drop?
Top 6-month CDs are still paying around 4.00% APY as of right now. But that may not last much longer. In its June meeting, the Federal Reserve held interest rates steady, with the next policy decision expected in late July.Looking for a secure place to grow your savings? See our expert picks for the best FDIC-insured high-yield savings accounts available today - enjoy peace of mind with competitive rates. Still, many banks have already started q…
Despite President Trump's demands, Fed holds the key interest rate stable. Currently, it is between 4.25 and 4.5 percent. A forecast shows lower economic growth and higher inflation.
Federal Reserve Once Again Holds Rates Steady Despite Pressure From Trump
by Ireland Owens at CDN - The Federal Reserve announced Wednesday in its fourth meeting of 2025 that it would continue to hold interest rates steady. The Fed’s decision to maintain its target range at 4.25% to 4.5% met economists’ expectations. The central bank similarly decided to hold interest rates steady in its previous three meetings of 2025. President Donald Trump … Click to read the rest HERE-> Federal Reserve Once Again Holds Rates Stead…
Coverage Details
Bias Distribution
- 55% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
