The Federal Reserve likely to hold interest rates steady at next week's June meeting, but we are expected to get an updated dot plot on Wednesday. For more on what to expect from that upcoming Fed meeting, let's welcome in Yahoo Finances Jennifer Schonberger. Hey Jen, how are you? What, what are we looking for?

Hey Julie, I mean, has it been six weeks already? Because I feel like I just blinked, and here we are, another Fed meeting. The Fed are widely expected to hold interest rates steady next week, but investors are going to have their eye on something else. Whether policymakers retain expectations for two interest rate cuts this year. And many Fed watchers expect the Fed will stick with two cuts as they weigh so many unknowns, from whether tariffs will push up prices or push down growth, to geopolitical risks. Former Kansas City Fed President Esther George told me, given just how fluid things are at the moment, she predicts that they'll be reluctant to signal changes from where they were earlier. She says they don't want to shake markets and cause people to think that things are going to be tighter for longer. President Trump, of course, has been hammering the Fed and Fed Chair J. Powell to speed up the timetable for any rate cuts, most recently citing milder inflation. But Powell and many of his fellow policymakers have made it clear in recent weeks that they're still more worried about the risks of higher prices from Trump's tariffs than any risk in unemployment as they weigh both sides of their dual mandate. Adding to that, the impact of Israel's strike on Iran, and whether a protracted war could lead to higher oil prices and inflation this summer. Fed not Fed watchers note that the job market, although it has been cooling, isn't showing any cracks, with the unemployment rate holding steady at 4.2%, a historical low, while wages are growing at nearly 4%. Investors currently betting that the Fed is not going to cut rates until September, but many I talked to say the Fed ought to leave the door open for a rate cut in July, lest they box themselves in like they did last summer, where they took July off the table during the June meeting, only to find themselves having to cut by 50 basis points in September. Julie?

Yes, and Fed critics will always say that they're too late or too early, so we'll see what happens this time.

There's always an opinion, right?

There is. Thanks, Jen.