#FOMCMeeting
The FOMC meeting is happening today, June 17, and tomorrow, June 18, 2025. Here's what you need to know ¹:
- *Meeting Schedule*: The Federal Open Market Committee (FOMC) meets eight times a year, approximately every six weeks, to discuss and set monetary policy.
- *Decision Release*: The FOMC will release its policy decision at 2 pm Eastern Time (18:00 UTC) on June 18, followed by a press conference with Federal Reserve Chair Jerome Powell at 2:30 pm ET (18:30 UTC).
- *Interest Rate Expectations*: The FOMC is not expected to cut interest rates at this meeting, but the central bank will release its Summary of Economic Projections (SEP), or "dot plot," which will show where it expects the federal funds rate to be at the end of this year. The current federal funds rate is 4.25%-4.50%.
- *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.
Some key areas of focus for the meeting include ²:
- *Tariff Policies*: The impact of President Trump's tariff policies on the economy and inflation will likely be discussed.
- *Economic Growth*: The FOMC will consider the current state of economic growth and its ability to withstand restrictive policy levels.
- *Labor Market*: Recent jobless claims data has shown a steady labor market, but some economists are watching for signs of softening.
You can stay up-to-date with the latest probabilities of FOMC rate moves using tools like CME FedWatch ³.