#FOMCMeeting
📊 FOMC Meeting: What’s Going On? 🇺🇸
Today, June 17, marks the start of the two-day FOMC (Federal Open Market Committee) meeting, which will decide the future of U.S. interest rates. 📅
🔍 What’s Expected?
Despite pressure from President Trump to cut rates by 1%, analysts believe the Fed will keep rates unchanged at 4.25–4.50%. 📉📈
💥 Why It Matters:
- Markets are tense due to geopolitical unrest (Iran–Israel) and rising oil prices 🛢️
- Cryptocurrencies are responding positively – Bitcoin is holding above $106,000 💰
- Investors expect the first rate cut to come only after the September meeting 🍂
🎤 Tomorrow (June 18), Fed Chair Jerome Powell will hold a press conference to clarify the next steps. 🗣️
📌 Summary:
The Fed is not expected to surprise and will likely hold rates steady. But markets are watching closely for signs of a future cut – which could shake up not only stocks, but also the crypto space. 🚀