What is the Fed's outlook for interest rate cuts, inflation and jobs for the remainder of the year?
1. Federal Reserve cuts interest rates for the first time in 2025. 2. Further rate cuts are projected based on weak labor market signs. 3. Inflation remains above the 2% target despite rate cuts. 4. Unemployment rate expected to rise, reaching 4.5% this year. 5. Economic growth forecasted at 1.6% GDP for 2025.