#FOMCMeeting The meeting of the Federal Open Market Committee (FOMC) is taking place today, June 17, and tomorrow, June 18. This meeting is very important as it will reveal the latest policy decision of the Federal Reserve, including any changes to interest rates ¹.
Currently, the market expects the Federal Reserve to maintain the target range for the federal funds rate at 4.25% to 4.50%, with a 99.9% probability of no interest rate cut ¹. The Federal Reserve's decision will be influenced by many factors, including inflation, economic growth, and global events.
Key points to note in the meeting include:
- *Interest Rate Decision*: Will the Federal Reserve maintain, raise, or lower interest rates?
- *Summary of Economic Projections (SEP)*: The Federal Reserve's forecasts for the economy, including inflation, growth, and unemployment rates.
- *Press Conference of Federal Reserve Chairman Jerome Powell*: Powell's comments on the economy and monetary policy.
The outcome of the meeting is likely to impact financial markets, so stay tuned for updates ¹.