#FOMCMeeting

The Federal Open Market Committee (FOMC) meeting is scheduled for June 17-18, 2025. Here's what you need to know¹ ²:

- *Meeting Date*: June 17-18, 2025

- *Interest Rate Decision*: The Fed is expected to keep interest rates unchanged, with a target range of 4.25% to 4.50%. Markets are pricing in a 99.9% probability of no rate change.

- *Summary of Economic Projections (SEP)*: The Fed will release its SEP, also known as the "dot plot," which will show the committee's expectations for monetary policy going forward. In March, the dot plot indicated expectations of lowering the federal funds rate to 3.9% by the end of 2025.

- *Press Conference*: Fed Chair Jerome Powell will hold a press conference at 2:30 pm ET on June 18 to discuss the policy decision and provide insights into the committee's thinking.

- *Market Impact*: The meeting's outcome could impact the stock market, with futures pointing higher ahead of the meeting. The S&P 500 is nearly 3% higher for the year to date.

- *Key Issues*: The committee will be watching inflation, employment, and the impact of President Trump's tariff policies on the economy.

- *Rate Cuts*: Traders expect the Fed to hold rates steady until at least October, with some predicting one or two rate cuts in 2025.

Some key players to watch during the meeting include³:

- *Jerome Powell*: Fed Chair

- *Philip Jefferson*: Vice Chair

- *Jeffrey Schmid*: Kansas City Fed President

- *Adriana Kugler*: Fed Governor

The meeting's outcome will provide valuable insights into the Fed's thinking on the economy and monetary policy.