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Fed decision recap: Central bank signals stagflation fears, Powell says Fed ‘well positioned to wait’ on rates
cnbc.com/2025/06/18/fed-meeting-live-updates-feds-interest-rate-projections-loom.html
The Federal Reserve kept a steady hand on interest rates, maintaining them at their target range of 4.25% to 4.5%.
The central bank is calling for two rate cuts this year, but policymakers see higher inflation. They have also cut their outlook for gross domestic product.
At his press…
This story appeared on cnbc.com, 2025-06-18 19:52:12.318000.