#FOMCMeeting The FOMC meeting is happening today, June 18, 2025, and tomorrow, June 19 is a federal holiday in the US, commemorating Juneteenth. Here's what you need to know ¹:
- *Meeting Details*: The Federal Open Market Committee (FOMC) will release its policy decision at 2 pm Eastern time today. Fed Chair Jerome Powell will then hold a press conference at 2:30 pm ET to discuss the decision and provide insights into the committee's economic outlook.
- *Interest Rate Decision*: The FOMC is expected to keep interest rates unchanged, with the current rates ranging from 4.25% to 4.5%. Market participants are pricing in a 99.9% probability of no rate change.
- *Summary of Economic Projections (SEP)*: The FOMC will release its SEP, also known as the "dot plot," which summarizes the committee members' expectations for monetary policy going forward. This will provide valuable insights into the committee's views on inflation, growth, and interest rates.
- *Key Focus Areas*: Market participants will be watching for any comments or statements from the FOMC or Powell regarding ¹ ²:
- *Inflation*: How the committee views the current inflation outlook and its impact on monetary policy.
- *Economic Growth*: The committee's assessment of the current economic conditions and its expectations for future growth.
- *Tariffs and Trade*: How the committee views the impact of tariffs and trade negotiations on the economy.
You can watch the live stream of the press conference on the Federal Reserve's official YouTube channel or website ².