The answer will come in the form of the "dot plot," a chart updated quarterly that shows each Fed official's prediction about the direction of the central bank's benchmark interest rate.

The 'dot plot' is unchanged from March. Fed still sees two 25 basis points rate cuts in 2025. Jerome Powell said uncertainty remains high amid tariff tensions and Middle East crisis.

The dollar fluctuated after U.S. strikes on Iran's nuclear facilities, with Fed Governor Bowman indicating possible rate cuts could be on the table at the central bank's next meeting.

(Read our explainer on how the dot plot works here.) In March, the median forecast pointed to two cuts in 2025, implying a reduction in the federal funds rate target range to 3.75%-4.00% by year ...

The Fed’s Dot-Plot Predicament: False Precision in Uncertain Times Investors treat the Fed’s rate projections as a promise from central bankers. They’re not.

Why did the Fed stop its interest rate cuts? The Fed began to hike interest rates in 2022 amid rapid inflation, lifting rates from nearly zero to a two-decade high of 5.25% to 5.5% in July 2023.

On Wednesday, the U.S. central bank's policy-setting Federal Open Market Committee is widely expected to keep its benchmark overnight interest rate in the 4.25%-4.50% range at the end of a two-day ...

Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced rates this year if not for potential consumer price hikes.

U.S. stocks closed mostly lower as traders parsed the decision by the Federal Reserve to leave interest rates on hold. The S&P 500 shed 1.87 points to close at 5,980.85. The Dow Jones 30 ...

That's according to the CME Group's FedWatch Tool, which as of June 18, 2025, shows a likelihood of 99.9% that the Fed will keep the federal funds rate at its current range of 4.25% to 4.5%.

As the Fed considers its next moves during a two-day meeting this week, most economic data looks solid. Yet President Trump’s tariffs may push inflation higher in the coming months.