#FOMCMeeting
The Federal Open Market Committee (FOMC) meeting is currently underway, concluding today, June 18, 2025. Here's what you need to know ¹ ²:
- *Meeting Schedule*: The two-day meeting started on June 17 and will wrap up today, June 18, with Fed Chair Jerome Powell's press conference beginning at 2:30 ET.
- *Interest Rate Expectations*: Traders and economists expect the Fed to leave interest rates unchanged in the 4.25-4.50% range, citing inflation concerns and Trump's tariffs as factors.
- *Crypto Market Impact*: The crypto market has shown renewed interest, but it could crash if the Fed's decision differs from investors' expectations. Bitcoin's price surge and Solana ETF approval hype have contributed to the market's optimism.
- *Fed's Decision*: The Federal Reserve will likely maintain its current interest rate, with projections suggesting a potential total reduction of 50 basis points later in the year, contingent on economic slowdown and inflation progress.
*Key Factors Influencing the Fed's Decision:*
- *Inflation*: Persistent inflation concerns, currently at 2.9%, above the Fed's 2% target.
- *Trump's Tariffs*: Potential impact on inflation and economic growth.
- *Economic Growth*: Mixed signals from job market data.
*What's Next?*
- *Powell's Press Conference*: Investors will closely watch Powell's statements for hints on future rate cuts.
- *Market Reaction*: European stocks have hit record highs ahead of the Fed decision, while gold prices remain steady.