#FOMC Statement Overview 🇺🇸
1. The Federal Reserve (FRB) kept the policy interest rate at 4.50% but maintained guidance for two rate cuts in 2025.
2. Officials expect the policy rate to decline to 3.9% by the end of the year.
3. The FRB noted reduced uncertainty in the economic outlook and removed language about risks of rising unemployment and inflation.
4. The FOMC slightly lowered its economic growth forecast and raised inflation expectations.
– **Key Point**: The updated dot plot and economic projections from the FRB suggest that rate cuts are nearing, reflecting a more dovish stance.
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2025-06-19
