ILCB - Fed Watch: In No Hurry
2025-06-19 05:28:00 ET
By Kevin Flanagan
For the fourth meeting in a row, the Federal Open Market Committee (FOMC) decided to keep rates unchanged, leaving the Fed Funds trading range at 4.25%–4.50%. While it may seem as if the policymaker has not done any easing in this cycle, remember that the level for overnight money is 100 bps below last year’s peak reading. Once again, the decision to keep Fed Funds at its current level came as little surprise, as the Fed continues to be sitting back and waiting to see how the economic and inflation landscape unfolds given the uncertainties that have arisen from tariff -related developments. Needless to say, it is not just the Fed, but also the markets that are in wait-and-see mode....
Fed Watch: In No Hurry