$BTC #FOMCMeeting The Federal Open Market Committee (FOMC) meeting is currently underway, starting today, June 17, and will conclude on June 18, with Fed Chair Jerome Powell's speech. Here's what's happening ¹:

- *Interest Rate Decision*: The Fed is expected to keep interest rates steady at 4.25%-4.50%, despite pressure from Donald Trump for a rate cut. Experts cite inflation concerns and Trump's tariffs as reasons for maintaining current rates.

- *Crypto Market Impact*: The crypto market has shown renewed interest, with Bitcoin prices surging, but it could crash if the Fed's decision differs from investor expectations.

- *Future Rate Cuts*: Bond futures traders see a 60% chance of a rate cut in September, with some analysts predicting one or two cuts by the end of the year.

- *Economic Outlook*: The Fed's "dot plot" of projections for monetary policy and the economy may show fewer interest rate cuts in 2025 due to uncertainty surrounding tariffs and other policy changes.

Some key dates to watch for future FOMC meetings are ²:

- *July 29-30*: FOMC meeting with a decision on July 30

- *September 16-17*: FOMC meeting with a decision on September 17

- *October 28-29*: FOMC meeting with a decision on October 29

- *December 9-10*: FOMC meeting with a decision on December 10

Keep an eye on these developments for potential market-moving news!