From Morningstar: 2025-06-19 03:27:00

The Federal Reserve kept rates unchanged at today’s meeting, with new economic projections released by FOMC participants. Rates have been maintained at 4.25%-4.50% since a cut in 2024, well above the prepandemic average. Projections show a potential rate cut in 2025, with rising expectations for 2026 and 2027. Inflation rate projections have increased to 3.1%, attributed to tariffs. GDP growth projections have dropped to 1.4% due to a negative supply shock. Two rate cuts are expected this year, with the first likely in September.



Read more at Morningstar: Federal Reserve on Inflation Watch, but Interest…