#FOMCMeeting

The FOMC meeting took place on June 17-18, 2025, and here are the key updates:

Key Takeaways

- *Interest Rate Decision*: The Federal Open Market Committee (FOMC) decided to keep the federal funds rate unchanged at 4.25%-4.50% for the third straight meeting.

- *Economic Outlook*: The committee noted that uncertainty about the economic outlook has increased further, and the risks of higher unemployment and inflation have also risen.

- *Future Projections*: The Fed is expected to release its Summary of Economic Projections (SEP), or "dot plot," which will show where it expects the federal funds rate to be at the end of this year.

Market Expectations

- *No Rate Cut Expected*: Markets do not expect a rate cut at this meeting, but will be watching for hints on future rate movements.

- *September Rate Cut Possible*: Some economists predict that the Fed may resume cutting rates in September.

Fed Chair's Press Conference

- *Jerome Powell's Remarks*: Fed Chair Jerome Powell's press conference is scheduled to begin at 2:30 pm Eastern Standard Time on Wednesday, June 18.

- *Key Focus Areas*: Powell is likely to highlight the uncertainty surrounding the economic outlook and the committee's commitment to achieving its dual mandate of price stability and full employment.