#FOMCMeeting The FOMC meeting is happening today and tomorrow, June 17-18, 2025. Here's what you need to know ¹:

- *Meeting Schedule*: The 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 led by Federal Reserve Chair Jerome Powell at 18:30 UTC (14:30 ET).

- *Interest Rate Decision*: Markets expect the Fed to hold interest rates steady at 4.25%-4.50%, with a 99.9% probability of no change, according to the CME FedWatch tool.

- *Future Projections*: The meeting will include a Summary of Economic Projections, which may provide insights into the Fed's future plans. Some analysts expect the dot plot to show one or fewer rate cuts this year, given the sticky inflation and potential impact of tariffs.

- *Economic Impact*: The Fed's decision will significantly impact financial markets, mortgage rates, and economic growth. With the current economic conditions, including a weakened job market and persistent inflation, the Fed faces a challenging decision-making process.

Some notable predictions from economists include ²:

- *JP Morgan*: One rate cut expected in December

- *Morningstar*: Two rate cuts expected, one in July and another by year-end

- *Wells Fargo*: 0.75 percentage points of easing expected by year-end

- *UBS Global Wealth Management*: 100 basis points of easing expected starting in September

Keep an eye on the Fed's projections and statements for more insights into the future of monetary policy.