Federal Reserve Chairman Jerome Powell delivers remarks following the Fed’s two-day policy meeting on Wednesday.
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.
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Federal Reserve Chair Jerome Powell speaks after Fed kept interest rates steady — 6/18/2025
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