#FOMCMeeting The Federal Open Market Committee (FOMC) recently concluded its meeting on June 17-18, 2025. Although the minutes from this specific meeting aren't available yet, here's what we know about the FOMC's recent activities ¹:

- *Meeting Schedule*: The FOMC holds eight regularly scheduled meetings per year, with the next meeting set for July 29-30, 2025.

- *Monetary Policy*: The FOMC's primary objective is to promote national economic goals through monetary policy, influencing the availability and cost of money and credit.

- *Interest Rates*: The committee sets interest rates, which can impact employment, output, and prices of goods and services. As of May 8, 2025, the target range for the federal funds rate was set at 4-1/4 to 4-1/2 percent.

- *Recent Minutes*: The minutes from the May 6-7, 2025, meeting are available, providing insights into the committee's discussions on monetary policy strategy and inflation targeting.

- *Key Discussions*: During the May meeting, participants discussed the economic outlook, inflation pressures, and labor market conditions, emphasizing their commitment to achieving maximum employment and returning inflation to the 2 percent objective.

Some key points from the FOMC's recent meetings include ² ³:

- *Inflation Targeting*: The committee reaffirmed its commitment to the 2 percent longer-run inflation objective and emphasized the importance of anchored inflation expectations.

- *Monetary Policy Stance*: The FOMC will carefully assess incoming data, the evolving outlook, and the balance of risks when considering adjustments to the target range for the federal funds rate.

- *Economic Outlook*: The committee noted that uncertainty about the economic outlook has increased, and they are attentive to the risks to both sides of their dual mandate.