The Fed kept interest rates unchanged on Wednesday, leaving the federal funds rate in the 4.25 percent to 4.5 percent range, as policymakers continued to weigh the economic fallout from U.S. President Donald Trump's expanding tariff regime. The widely watched "dot plot" showed that the median forecast for the federal funds rate at the end of 2025 remains at 3.9 percent, unchanged from the March estimate. "And that includes the risk of higher inflation, the risk that will be more persistent, the risk that the labor market will weaken.
Author: Liu Yanan, Xie Zheshu
Published at: 2025-06-18 22:19:00
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