Fed Rate Cut News LIVE: FOMC Meeting Outcome LIVE | Jerome Powell LIVE
Автор: NDTV Profit
Загружено: 2025-06-18
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US Fed Meet Today LIVE: Watch Live coverage of the US Federal Reserve, featuring Jerome Powell's speech on the US economy, inflation and other growth indicators.
The US Federal Reserve's FOMC has decided to keep its benchmark interest rate unchanged at 4.25%-4.5% for a fourth consecutive time. The decision was unanimous. The central bank has lowered the 2025 GDP estimate to 1.4% from 1.7%. On the other hand, it has lifted inflation forecast from 2.7% to 3%, way above the 2% target. "Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated," the Fed said. Besides, the FOMC projections show a half percentage point cut in 2025, the same as in March. That means the Fed may deliver two quarter-point cuts this year.
#fedratecut #ratecuts #usfed
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