#FOMCMeeting When the Federal Open Market Committee convenes in Washington, D.C. on Tuesday and Wednesday, its members will discuss what actions to take — or not take — to give the economy the best chance of success in both the short- and long-term. The Fed is widely expected to keep interest rates where they are: The CME Group’s (CME) FedWatch tool calculates the odds of a rate cut at just 3.2%, though that number is up slightly from 1.8% last week. Bond traders are betting that an interest rate cut will come in July.