Market is positive, stocks hold steady after Fed signals two rate cuts this year

From Dow Jones & Company: 2025-06-18 14:09:00

Stocks held onto gains after the Federal Reserve kept interest rates steady. The Federal Open Market Committee maintained the federal funds rate between 4.25% and 4.5%, as expected. Officials forecast two rate cuts in 2025, aligning with previous predictions from March.

Read more: Stocks Hold Steady After Fed Signals Two Rate Cuts This Year