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Wall Street holds on to gains as Fed still sees two rate cuts in 2025

Summary by FXStreet
Gold price holds firm near $3,390 as the Federal Reserve decided to hold rates unchanged at the June 18 meeting. The Summary of Economic Projections (SEP) reveals that officials are still eyeing 50 basis points of easing in 2025.

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Wall Street holds on to gains as Fed still sees two rate cuts in 2025

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FXStreetFXStreet

Gold holds steady near $3,390 as Fed projects two cuts in 2025

Gold price holds firm near $3,390 as the Federal Reserve decided to hold rates unchanged at the June 18 meeting. The Summary of Economic Projections (SEP) reveals that officials are still eyeing 50 basis points of easing in 2025.

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FXStreet broke the news in on Wednesday, June 18, 2025.
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Stories disproportionately reported by the Left or the Right

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