BREAKING: *FED LOWERS 2025 GDP ESTIMATE TO 1.4%, LIFTS INFLATION TO 3% *FED: UNCERTAINTY ABOUT OUTLOOK HAS DIMINISHED, STILL ELEVATED *FED HOLDS BENCHMARK RATE IN 4.25%-4.5% TARGET RANGE *FOMC MEDIAN FORECAST STILL SHOWS 50 BPS OF RATE CUTS IN 2025