Fed keeps rates steady, lowers GDP projections; positive.

From Nasdaq: 2025-06-18 17:33:00

Market indexes were mixed today as the Dow and S&P 500 fell after the Fed meeting. The Fed did not cut rates, with Powell noting higher inflation expectations. The Nasdaq rose, and bond yields remained stable. The FOMC sees two rate cuts possible for 2025 and lowered GDP projections.

Expect no economic reports on Juneteenth. Weekly Jobless Claims were moved to today, and Friday will see the Philly Fed manufacturing report and U.S. Leading Economic Indicators for May. Check out the 5 stocks set to double, handpicked by Zacks experts for potential gains of +100% or more in the coming year.



Read more at Nasdaq: Fed Keeps Rates in Line, Lowers GDP Projections