#FOMCMeeting The FOMC (Federal Open Market Committee) meeting is happening today, June 17, and tomorrow, June 18. Here's what you need to know ¹:
- *Meeting Purpose*: The FOMC meeting is a crucial event where Federal Reserve officials gather to discuss and decide on interest rates, which can significantly impact the economy and financial markets.
- *Interest Rate Decision*: Experts predict that the Fed will likely keep interest rates unchanged at 4.25%-4.50% due to inflation concerns and Trump's tariff implementation. The first rate cut is expected to happen after the September FOMC meeting.
- *Crypto Market Impact*: The crypto market is currently bullish despite the uncertainty surrounding the FOMC meeting. However, it could crash if the Fed's decision differs from investors' expectations.
- *Previous Meeting Schedule*: The FOMC holds eight regularly scheduled meetings during the year. The previous meetings were held on ² ³:
- *January 30-31*: FOMC Meeting
- *March 19-20*: FOMC Meeting with a Summary of Economic Projections and a press conference
- *May 6-7*: FOMC Meeting
Keep an eye on reliable sources like CME FedWatch for updates on the meeting and its potential impact on the financial markets ⁴.