As expected Jerome Powell confirmed today the Fed Reserve will be keeping key borrowing rates targeted between 4.25%-4.5% where they’ve had it since December 2024.

Federal Funds Target Rate for last 25 years

SPY / S&P 500 INDEX – JUNE 6, 2025 – JUNE 18, 2025

Currently (June 18) the S&P 500 stock market index up almost 1% from the close of June 5, 2025.