#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.