#FOMCMeeting Today's and tomorrow's FOMC meeting, June 17-18, will determine interest rates by the Federal Reserve. Here is a summary:
- *Interest Rate Decision*: The Federal Reserve is likely to keep interest rates unchanged at 4.25-4.50% due to inflation concerns and Trump's tariff policies. Experts believe that the Fed will adopt a "wait and see" approach, monitoring the economic impact of tariffs before making major decisions.
- *Impact on the Crypto Market*: Despite the uncertainty, the crypto market is currently bullish, recovering from the previous crash. Investors have adapted to the current geopolitical conditions and believe that things will improve soon. However, the market could crash if the Fed's decision differs from investor expectations.
- *Key Points*:
- *No Interest Rate Cut*: The Fed is unlikely to cut interest rates this month, with the first rate cut likely occurring after the September FOMC meeting.
- *Tariff Concerns*: The implementation of Trump's tariffs has increased concerns about inflationary pressures and slowing economic growth.
- *Fed's Next Steps*: The Federal Reserve will release the Summary of Economic Projections (SEP) or "dot plot", indicating the target federal funds rate by the end of the year. Wall Street will also monitor Fed Chair Jerome Powell's press conference for insights into the central bank's decisions ยน.