Based on the current date (March 18, 2025), tomorrow is indeed Wednesday, March 19. The Federal Open Market Committee (FOMC) is concluding a two-day meeting that began on March 18, with an announcement expected at 2:00 PM EST (11:00 AM PDT) on March 19, followed by a press conference from Fed Chair Jerome Powell at 2:30 PM EST (11:30 AM PDT).

The consensus among analysts and market observers is that the Fed will likely keep the federal funds rate steady at its current range of 4.25% to 4.5%. This expectation stems from recent economic data showing a strong labor market and inflation still above the Fed’s 2% target, though progress has been made. No major policy shifts, like rate cuts, are widely anticipated for this meeting, though the Fed’s statement and Powell’s remarks will be closely watched for hints about future moves, especially given economic uncertainties like tariffs and their potential impact on inflation and growth

Cut ,hike or keep rates unchanged ? #fed