REMINDER 🚨:---
#FOMCMeeting ahead #FOMCMeeting
The Federal Open Market Committee (FOMC) is scheduled to meet tomorrow, June 18, 2025. The meeting will conclude with a policy statement released at 2:00 PM ET (6:00 PM UTC) on June 18, followed by a press conference with Federal Reserve Chair Jerome Powell at 2:30 PM ET (6:30 PM UTC).
The FOMC is expected to maintain the federal funds rate at 4.25%–4.50%, as markets anticipate no rate cut, with only a 28%–30% probability of a reduction based on futures data.
The Summary of Economic Projections (SEP), or "dot plot," will be updated, potentially showing revised expectations for GDP growth, inflation, and interest rates, with some analysts predicting a stagflationary outlook due to tariff impacts and economic uncertainties.
The Fed is likely to emphasize a data-dependent approach, monitoring inflation (currently above the 2% target) and labor market conditions, which remain solid with a 4.2% unemployment rate.