FED decision
- No rate hike: Federal funds rate remains at 5.25%-5.5%
- Inflation slowing: Recent report shows inflation decreasing more than expected
- Rate cut expected: At least one rate cut predicted before year-end
- Revised projection: Down from three rate cuts projected in March
- Economic growth: Fed expects moderate economic growth to continue
- Labor market: Labor market remains strong, with low unemployment
- Inflation target: Fed aims to keep inflation at 2% annual rate
- Future meetings: Next Fed meeting scheduled for July, with possible rate cut
- Economic uncertainty: Global economic uncertainty and trade tensions still a concern
