#FOMCMeeting

The FOMC meeting is happening right now, June 17-18, 2025. Here are some key points to know¹ ²:

- *Meeting Schedule*: The Federal Open Market Committee (FOMC) meets eight times a year, approximately every six weeks, to discuss and set monetary policy.

- *Interest Rate Decision*: The FOMC is expected to hold interest rates steady at 4.25%-4.50% during this meeting, with the next rate cut potentially happening in September.

- *Summary of Economic Projections (SEP)*: The Fed will release its SEP, also known as the "dot plot," which will show where it expects the federal funds rate to be at the end of this year. This could indicate fewer interest rate cuts in 2025.

- *Economic Outlook*: The economic outlook remains uncertain due to factors like tariffs and trade negotiations. Fed officials are juggling solid economic data with potential risks to make informed decisions.

- *Press Conference*: After the meeting, Federal Reserve Chair Jerome Powell will hold a press conference to discuss the policy decision and provide insights into the Fed's thoughts on the economy.

Some key players in the FOMC include³:

- *Jerome Powell*: Chair of the Federal Reserve System

- *Philip Jefferson*: Vice Chair

- *Michael Barr*: Fed Governor

- *Michelle Bowman*: Fed Governor

- *Lisa Cook*: Fed Governor

- *Adriana Kugler*: Fed Governor

- *Christopher Waller*: Fed Governor

- *John Williams*: New York Fed President

The FOMC's decisions have a significant impact on financial markets, mortgage rates, and economic growth. You can stay up-to-date with the latest probabilities of FOMC rate moves using tools like CME FedWatch.