Central Bank Policy

Fed Holds Steady Despite Economic Uncertainty

With Tom Porcelli — Jun 18, 2025

2 mins watch

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PGIM Fixed Income’s Chief U.S. Economist, Tom Porcelli, shares two key takeaways from the Federal Reserve’s June monetary policy meeting—having a patient stance as tariffs flow through the economy and the Fed's expectations for policy—and highlights his concerns about the labor market.

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