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Jun 18 - Fed sees 2 more rate cuts this year, holds rates steady

Jun 18 - Fed sees 2 more rate cuts this year, holds rates steady

$DDOG $PRGS $ANET

Mukund Mohan
June 18, 2025

Market

😋Meta $META ( ▲ 0.1% ) has risen over 650% in the last 2 years, primarily focusing on using AI for ad placement, ad bidding and ad pricing. Of course it uses AI for content, but the gains from the stock are from Ad optimizations due to AI” 😂

This still feels like a trap, so I am not taking long positions yet. But all indices were higher

The fed expects inflation to remain elevated and is on track to make 2 more rate cuts this year, targeting 3.75% - 4% by Dec, said Jerome Powell the Fed chairman. They also expect GDP to come down by 0.3% for the year, from 2.3% to 2% or lower.

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