The Federal Reserve is going to have a meeting on June 14-15, 2023 to talk about money stuff. Most people think they'll keep things the same, with the benchmark interest rate staying at 5.25%. But if inflation keeps going up, they might raise rates a little bit by 0.25%. The latest news about the economy shows that things are slowing down. In May, the unemployment rate went up to 4.5%, and people expect the economy to only grow 2% in 2023. But even though things are slowing down, prices are still going up a lot - 8.6% in May! The Fed has a tough job ahead of them. They need to raise interest rates to stop prices from going up too much, but they also don't want to raise rates so much that it makes things worse and causes a recession. Lots of people will be watching to see what they decide. Based on what's been happening, I think the Fed will probably keep things the same for now. They've said they'll stop raising rates for a bit to see what happens. But if prices keep going up, they might raise rates a little bit in July. They'll have to be careful and watch what's happening in the economy very closely to make the right choices.