Two Blokes

Fed holds rates steady, but officials split on policy outlook

  • click to rate
    Posted by Two Blokes Jun 18 - Filed in General - #TwoBlokesTrading  - 2 views
    The Federal Reserve held its benchmark interest rate steady at 4.5% on Wednesday, as widely expected, while signaling a slower path to rate cuts and revealing a sharply divided policy committee. In updated projections, the Fed now anticipates two rate cuts totaling 50 basis points in 2025, followed by one 25-basis-point cut each in 2026 and 2027.