{"id":32545,"date":"2025-06-18T18:46:51","date_gmt":"2025-06-18T18:46:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32545"},"modified":"2025-06-18T18:46:51","modified_gmt":"2025-06-18T18:46:51","slug":"fed-leaves-rates-steady-expects-weaker-growth-sticky-inflation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32545","title":{"rendered":"Fed Leaves Rates Steady, Expects Weaker Growth, Sticky Inflation"},"content":{"rendered":"<div>\n<p>As it was <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\">near-universally expected<\/a>, the U.S. Federal Reserve left benchmark interest rates steady at 4.25%-4.50% on Wednesday at the June meeting.<\/p>\n<p>&#8220;Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace,&#8221; the press release said. &#8220;The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated.&#8221;<\/p>\n<p>The Fed&#8217;s quarterly economic projections\u2014which include the &#8220;dot plot&#8221; that indicates where the central bank expects the Fed funds rate over time \u2014 showed that policymakers see rates at 3.9% by year-end 2025, translating to 50 basis point cuts this year, the same as they expected in March. However, Fed members see rates decline to 3.6% next year and 3.4% in 2027, indicating fewer rate cuts than their previous projection.<\/p>\n<p>Policymakers also cut their economic growth projections, with the GDP increase this year now seen at 1.4% versus 1.7% at the March forecast. They also projected higher inflation for this year, with Personal Consumption Expenditures (PCE) and core PCE inflation landing at 3% and 3.1%, versus 2.7% and 2.8% in March. Fed members also see the unemployment rate rising to 4.5% this year and during 2026, up from 4.4% and 4.3% March projections.<\/p>\n<p>Bitcoin (<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\">BTC<\/a>), hovering around $104,000 earlier during the session, was little changed at $104,200 minutes following the Fed decision. The S&amp;P 500 and the Nasdaq indexes were up.<\/p>\n<p>Traders will now turn their attention to Fed Chair Jerome Powell&#8217;s remarks at 2:30 p.m. Eastern Time (18:30 UTC) for further clues of policymakers&#8217; outlook on monetary policy.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As it was near-universally expected, the U.S. Federal Reserve left benchmark interest rates steady at 4.25%-4.50% on Wednesday at the June meeting. &#8220;Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace,&#8221; the press release said. &#8220;The unemployment rate remains low, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32545","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32545"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32545\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}