#FOMCMeeting

The Federal Open Market Committee (FOMC) meeting update I'm providing is based on the last meeting that took place on January 29, 2025, and other recent meetings. Here's what's been happening.

- *Interest Rates*: The FOMC decided to keep interest rates unchanged during the January meeting, as expected. However, the committee signaled a data-dependent approach to future policy decisions.

- *Rate Cuts*: Despite hotter-than-expected inflation prints in recent months, the Fed's guidance suggests rate cuts are still expected to begin this year. The new dot plots show that the Fed's view on rate cuts hasn't changed significantly.

- *Quantitative Tightening (QT) Taper*: During the press conference, Chair Powell mentioned that QT taper plans were discussed and are expected to begin "soon". This indicates a high likelihood of the QT taper being implemented in the near future.

- *Meeting Frequency*: The FOMC typically holds eight meetings per year, where committee members review macroeconomic conditions, assess risks, and determine the direction of monetary policy.

- *Recent Decisions*: In the last meeting of 2024, held on December 17-18, the FOMC cut rates by 25 basis points and signaled fewer rate cuts in 2025.

Keep in mind that the FOMC meeting schedule and decisions can impact market trends and economic conditions. For the latest updates, it's essential to follow reliable financial news sources and official Federal Reserve announcements.