#FOMCMeeting The FOMC meeting you're referring to is likely the Federal Open Market Committee meeting, which is a crucial event in the financial world. Here's what's happening:

*Next FOMC Meeting:* The next FOMC meeting is scheduled for June 17-18, 2025. During this meeting, the Federal Reserve will discuss and set monetary policy, including interest rates.

*Expected Outcome:* Financial markets expect the Fed to hold interest rates steady at the current range of 4.25%-4.50%. However, the "dot plot" of Fed projections for the path of monetary policy and the economy could show fewer interest rate cuts in 2025.

*Interest Rate Projections:* According to the Summary of Economic 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:* Bond futures traders see a 60% chance of a rate cut happening in September, with an 88% chance of at least two cuts by year-end.¹ ²

*Key Takeaways:*

- *Interest Rate Decision:* The FOMC will announce its decision on U.S. interest rates after the meeting, followed by a press conference led by the Federal Reserve Chair.

- *Economic Projections:* The meeting will include a Summary of Economic Projections, which will provide insights into the Fed's outlook for the economy and monetary policy.

- *Market Impact:* The FOMC's decisions have a significant impact on financial markets, mortgage rates, and economic growth.