On June 19, the Federal Reserve (Fed) decided to maintain the standard interest rate in the range of 4.25% - 4.50%. This is the fourth consecutive time the Fed has kept interest rates unchanged, as predicted by most investors and market analysts. This move reflects the cautious approach of the US central bank in the face of inflation signals and economic growth that is not yet stable.
Along with the decision to maintain interest rates, the dot plot chart - a tool showing Fed officials' forecasts - continues to maintain expectations of two interest rate cuts in 2025. This indicates that the Fed is still aiming to loosen monetary policy in the medium term, although it has not yet provided a specific schedule for upcoming rate cuts.
Previously, Trump declared that he would implement short-term measures in the very near future to significantly lower current interest rates. He emphasized: "I will take very short-term actions to pull interest rates down significantly, and then will implement long-term measures."
