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Fed Stays Put, But Cut Plans for 2025 Remain in Play - Wall Street Pit

Summary by Wall Street Pit
The Federal Reserve unanimously maintained its benchmark interest rate at 4.25%-4.5% for the fourth consecutive meeting, projecting two rate cuts for 2025, unchanged from its March forecast. Fed officials revised their outlook, expecting core PCE inflation to rise to 3.1% this year from 2.8%, dropping to 2.4% by 2026, while…
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Wall Street Pit broke the news in on Wednesday, June 18, 2025.
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