#FOMCMeeting The FOMC meeting is happening today and tomorrow, June 17-18, 2025. Here's what you need to know¹:

- *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 June 18, followed by a press conference 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 focus will be on the FOMC's projections for future interest rates and the economy.

- *Economic Projections*: The meeting will include a Summary of Economic Projections, which may show fewer interest rate cuts in 2025 due to solid economic data and uncertainty surrounding tariffs and other policy changes.

- *Market Expectations*: Financial markets expect the first rate cut to happen in September, with a 60% chance according to bond futures traders. Some economists predict one or two rate cuts by the end of the year.

The FOMC meets eight times a year to discuss and set monetary policy, and its decisions have a significant impact on financial markets, mortgage rates, and economic growth.