US Fed Meeting LIVE: Federal Reserve likely to hold interest rates; all eyes on ‘dot plot', Powell's commentary
US Federal Reserve Chairman Jerome Powell is set to take the podium on Wednesday, 18 June 2025, as investors eye the US Fed's 'dot plot,' a chart that holds the data on each Federal Reserve official's expectations for where interest rates will head in the future.
The central bank will announce the outcome of the two-day US Federal Open Market Committee (FOMC) meeting on Wednesday, 18 June 2025. For Indian investors, the data will be released on the official channels at 11:30 p.m. (IST).
Experts and investors are widely expecting the US central bank to keep its key benchmark interest rates 'unchanged' or on 'hold' amid rising global uncertainties due to tensions over the Israel-Iran conflict.
The US Federal Reserve has kept its key benchmark interest rates unchanged at 4.25%-4.50% since its last easing move in December 2024 by a quarter percentage point (25 basis points). If the US Fed decided to keep the interest rates unchanged, then it would be the fourth straight policy outcome with lending rates on hold.
The core inflation for the US witnessed a moderate uptick as it rose 0.1 per cent from April levels, as per the Labor Department data. Yet, policymakers are clear that the Fed would make a move once the concerns over Trump tariffs are resolved.
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18 Jun 2025, 06:42 PM IST
US Fed Meeting 2025 LIVE: The US consumer price index, excluding the food and energy categories, witnessed a 0.1% rise from April 2025 levels, according to data reviewed by the news agency Bloomberg.
The Federal Reserve data, citing the Bureau of Economic Analysis, showed that the US inflation indicator, or the Personal Consumption Expenditures (PCE) Price Index, was at 2.1% in April 2025.
18 Jun 2025, 06:32 PM IST
US Fed Meeting 2025 LIVE: Nasdaq futures were trading marginally higher with 0.17% gains at 21,991.75 as of 6:22 p.m. (IST) ahead of the Wall Street open on the US Federal Reserve's policy outcome day.
The Dow and S&P futures remain flat but in the positive range prior to the US market open on 18 June 2025.
18 Jun 2025, 06:23 PM IST
US Fed Meeting 2025 LIVE: The US Federal Reserve decided to keep the key benchmark interest rates unchanged at the range of 4.25% to 4.5% on 7 May 2025 as Chairman Jerome Powell reiterated his stance of 'no hurry to cut rates' as the US central bank announced its plans to analyse economy ahead of a potential rate cut.
'The Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 per cent. In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks,' said the FOMC in the official release.
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