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National  + Finance  |  June 18, 2025
Joe Palmisano
By: Joe Palmisano

Fed Keeps Rates Unchanged, Divided on Future Cuts

Federal Reserve policymakers held the federal funds rate target range unchanged at 4.25%-4.50% on Wednesday. The Fed last cut interest rates in December. Since then, the clear message has been that no immediate policy adjustments are warranted, and a patient, wait-and-see approach remains appropriate amid ongoing uncertainty over the inflationary impact of tariffs and broader economic conditions. 

Further information and perspective to be sent shortly.  

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Inside The Story

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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  • ◦Financing
  • ◦Economy
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