Fed Holds Rates Steady at 4.25%–4.5%, Signals Cuts Amid Tariff Concerns
On June 18, 2025, the Fed decided to maintain the federal funds rate unchanged from the previous year, between the range of 4.25% and 4.5%. The Summary of Economic Projections (SEP) indicated cuts over the years, lowering to 3.9% by Q4, 2025, 3.6% in 2026, and