#FOMCMeeting
📌 What’s Happening
Timing: The two-day meeting runs June 17–18, with the rate decision due 2 p.m. EDT (6 p.m. Karachi) tomorrow, followed by Chair Powell’s press conference at 2:30 p.m. EDT .
Expected Action: The Fed is expected to hold rates steady in the 4.25 %–4.50 % range—consistent with the pause in place since December .
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🌍 Key Factors in Play
1. Geopolitical Risk & Oil Prices
Ongoing tensions between Israel and Iran have caused volatility in oil markets and inflation concerns .
2. Tariff-Driven Inflation
President Trump’s new trade tariffs are viewed by Fed officials as adding upward pressure to inflation and economic uncertainty .
3. Economic Data Support Caution
Weakening may be showing in retail sales and industrial output for May, while employment remains resilient. This mix supports a hold‑and‑wait approach .
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🔍 What to Watch
New “dot plot” & Summary of Economic Projections
Due Wednesday, these could signal a shift from two cuts projected in March to only one cut in 2025, or even none .
Chair Powell’s Remarks
His tone on inflation, trade, and geopolitical issues will be key in guiding markets.