• The Federal Reserve is expected to keep interest rates unchanged at 4.25%–4.5%.
• CME FedWatch Tool shows a 99.9% probability of no rate change.
• President Trump has urged the Fed to cut rates, pointing to weaker job growth in May.
• Inflation rose slightly in May to 2.4%, up from 2.3% in April.
• The Fed is maintaining a cautious approach due to uncertainty around tariffs and economic conditions.
• The FOMC will announce its rate decision at 2 p.m. EST, followed by a press conference at 2:30 p.m.
• Market watchers will be looking at whether the vote is unanimous or divided.
• Most economists agree a rate cut is not likely at this time.
• High interest rates continue to affect borrowers, especially in credit cards and mortgages.
• The 30-year fixed mortgage rate remains near 7%, and average credit card rates exceed 20%.
• A future rate cut would likely be a positive signal for borrowers, though not an immediate relief.

What’s Next?
• The Fed’s steady hand reflects a data-driven mindset in a highly uncertain environment. With inflation still above target and the economy holding firm, pausing seems reasonable. For both borrowers and investors, it’s a reminder to stay focused on strategy, not short-term headlines.