#FOMCMeeting The Federal Open Market Committee (FOMC) meeting is a crucial event where policymakers discuss and set monetary policy, influencing interest rates, money supply, and economic stability. The current FOMC interest rate range is 4.25%-4.50%. Today's meeting, June 17-18, 2025, is expected to impact financial markets significantly, with a 70% likelihood of a rate cut. The FOMC meets eight times a year, approximately every six to eight weeks, to assess economic conditions, inflation targets, and employment trends. Their decisions can affect mortgage rates, economic growth, and market volatility ¹ ².