#FOMCMeeting The FOMC meeting is happening today, June 17, and tomorrow, June 18, 2025. This meeting is significant as it will conclude with the Federal Reserve's latest policy decision, followed by a press conference led by Fed Chair Jerome Powell. Here's what you need to know ¹:
- *Meeting Details:*
- Date: June 17-18, 2025
- Decision Announcement: June 18, 6:00 pm PKT (2:00 pm ET)
- Press Conference: June 18, 6:30 pm PKT (2:30 pm ET)
- *What to Expect:*
- No rate cut is expected during this meeting
- The central bank will release its Summary of Economic Projections (SEP) or "dot plot," showing the expected federal funds rate for the end of 2025
- Powell's press conference will provide insights into the Fed's views on the economy and potential impact of recent policy changes
- *Market Impact:*
- The meeting's outcome will likely influence Wall Street and the stock market
- Investors will be watching for any signs of future rate cuts or changes in monetary policy
The Federal Open Market Committee (FOMC) meets eight times a year to discuss and set monetary policy, influencing interest rates, money supply, and overall economic stability. The committee consists of 12 members, including the Fed chair and other governors, who play a crucial role in shaping the US economy ¹ ².#FOMCMeeting