#FOMCMeeting
📢 FOMC Meeting Update - June 17-18, 2025 🚨
The Federal Open Market Committee (FOMC) meeting is expected to impact the cryptocurrency market. Here's what you need to know:
- No Rate Change Expected: The FOMC is unlikely to change interest rates, with the current federal funds rate target range at 4.25%-4.50%.
- Summary of Economic Projections: The "dot plot" will provide insights into the Fed's expectations for monetary policy.
- Fed Chair Powell's Press Conference: Powell will provide guidance on the Fed's decision-making process.
The cryptocurrency market is looking for cues on future monetary policy, which could influence Bitcoin's price. Market volatility is expected, with traders repositioning themselves. The Fed's language will be closely watched to gauge their stance on interest rates. While no rate cut is expected, futures markets suggest a 70% chance of a reduction at a future meeting, depending on economic indicators.
