#FOMCMeeting The Federal Open Market Committee (FOMC) meeting is a crucial event in the financial world, where the Federal Reserve makes key decisions about monetary policy. Here's what's happening:

Meeting Schedule: The FOMC meeting is currently underway, starting on June 17 and concluding on June 18, 2025. The committee will release its policy decision at 2 pm Eastern time, followed by a press conference with Federal Reserve Chair Jerome Powell at 2:30 pm.

Interest Rate Decision: The FOMC is expected to hold interest rates steady at the current range of 4.25%-4.50%. The decision will likely be influenced by recent inflation data and the overall state of the economy.

Summary of Economic Projections (SEP): The Fed will release its SEP, also known as the "dot plot," which shows the committee's projections for the federal funds rate and the economy. This will provide valuable insights into the Fed's future plans and potential rate cuts.

Market Expectations: Bond futures traders expect a 60% chance of a rate cut in September, with some analysts predicting one or two rate cuts by the end of the year. The market will be watching closely for any hints about future rate decisions.

Economic Outlook: The economy is showing signs of solidity, but uncertainty surrounds the rest of the year due to tariffs and other policy changes. The Fed will need to balance these factors when making its decisions.