#FOMCMeeting

The FOMC meeting you're referring to is likely the Federal Open Market Committee meeting held on June 17-18, 2025. Here's what's happening ¹ ²:

- *Meeting Overview*: The Federal Reserve doesn't expect to cut interest rates during this meeting, but they'll release the Summary of Economic Projections (SEP), also known as the "dot plot," which shows their forecast for the federal funds rate at the end of the year.

- *Key Takeaways*:

- *Interest Rates*: No rate cut is expected, but the dot plot will provide insight into the Fed's future plans.

- *Economic Projections*: The Fed will release its economic projections, which will give clues about the future direction of monetary policy.

- *Jerome Powell's Press Conference*: Fed Chair Jerome Powell will hold a press conference at 2:30 pm EST on June 18 to discuss the Fed's policy decision and answer questions.

- *Market Impact*: Investors are closely watching the meeting for hints about the Fed's future plans, which could impact the economy and financial markets.

- *Recent Economic Data*: Recent data shows a mixed picture, with industrial production declining 0.2% in May, while manufacturing activity rose 0.1% due to solid demand for motor vehicles and parts. Retail sales fell 0.9% from April to May, exceeding expectations.

The meeting's outcome could have significant implications for the economy and financial markets, so it's essential to stay informed about the latest developments.