#FOMCMeeting The Federal Open Market Committee (FOMC) meeting is scheduled for June 17-18, and here's what you need to know ¹:
- *Interest Rate Decision*: The FOMC is expected to maintain the current interest rate range of 4.25%-4.50%, despite pressure from Donald Trump for a rate cut.
- *Inflation Concerns*: The decision is driven by inflation concerns and potential tariff implementations, which could lead to inflationary pressure.
- *Market Expectations*: Polymarket data and economists' forecasts suggest that the Fed will keep interest rates unchanged, with the first rate cut likely happening after the September FOMC meeting.
- *Crypto Market Impact*: The crypto market has shown resilience, with prices recovering due to increased liquidity and investor confidence. However, a deviation from expected outcomes could lead to market volatility.
*Key Dates to Watch:*
- *June 17-18*: FOMC meeting
- *September*: Potential rate cut
*Where to Watch the FOMC Meeting:*
- *Federal Reserve YouTube Channel*: Live streaming of the press conference
- *Federal Reserve X (formerly Twitter) Handle*: Live updates
- *Federal Reserve Official Website*: Live broadcast and meeting information
Keep an eye on these sources for updates on the FOMC meeting and its impact on the financial markets. #FOMCMeeting #FederalReserve #InterestRates #CryptoMarket