#FOMCMeeting

The Federal Open Market Committee (FOMC) meeting is happening today, June 17, and tomorrow, June 18. Here's what you need to know¹:

- *Interest Rate Decision*: The Fed is expected to keep interest rates unchanged at 4.25-4.50% due to inflation concerns and Trump's tariff implementation.

- *Inflation Concerns*: Tariffs could drive prices up, introducing inflationary pressure, which might keep the Fed cautious about cutting rates.

- *Crypto Market Impact*: The crypto market is currently bullish, despite potential volatility surrounding the FOMC meeting. A rate hike or unexpected decision could lead to a market crash.

*FOMC Meeting Schedule:*

- *Meeting Dates*: June 17-18

- *Decision Announcement*: After the meeting on June 18

- *Chair Jerome Powell's Speech*: Key takeaways from the meeting will be shared during Powell's speech on June 18

*Market Expectations:*

- *Rate Cuts*: The first rate cut is expected after the September FOMC meeting.

- *Economic Impact*: The Fed's decision will influence economic variables, including employment, output, and prices of goods and services.²