#FOMCMeeting The FOMC meeting is happening today and tomorrow, June 17-18, 2025. Here's what you need to know :

- *Meeting Details*: The Federal Open Market Committee (FOMC) will convene its meeting over two days, with the policy statement expected to be released at 18:00 UTC (14:00 ET) on the second day, followed by a press conference led by the Federal Reserve Chair, Jerome Powell, at 18:30 UTC (14:30 ET).

- *Interest Rate Decision*: It's widely expected that the Fed will hold interest rates steady at the current range of 4.25%-4.50%. The market is looking for clues on future rate cuts, with bond futures traders seeing a 60% chance of a cut in September.

- *Economic Projections*: The meeting will include a Summary of Economic Projections, which may show fewer interest rate cuts in 2025 due to evolving tariff policies and other economic factors. Analysts expect the "dot plot" of Fed projections to reveal fewer rate cuts, potentially only one cut for the year.

- *Market Impact*: The FOMC's decision and projections will likely have a significant impact on financial markets, including forex, indices, and bonds. Traders and investors will be closely watching the meeting for insights into the Fed's monetary policy stance.

Some key takeaways from recent Fed meetings and projections include :

- *Previous Decision*: In the May meeting, the FOMC maintained the federal funds rate at 4.25%-4.50%, citing increased uncertainty about the economic outlook.

- *Future Projections*: The median projection among FOMC participants anticipates the federal funds rate to be approximately 3.6% by the end of 2025, implying a reduction of about 0.65 percentage points.

- *Market Expectations*: Financial markets expect the first Fed cut to happen in September, with bond futures traders seeing an 88% chance of at least two cuts by year-end.