#FOMCMeeting The Federal Open Market Committee (FOMC) meeting is happening today, June 17-18, 2025, where the Federal Reserve will announce its latest policy decision. Here's what you need to know ¹:

- *Interest Rate Decision*: The FOMC is not expected to cut interest rates at this meeting, but will release its Summary of Economic Projections (SEP), also known as the "dot plot," which will show where it expects the federal funds rate to be at the end of this year.

- *Economic Projections*: The Fed will also release its economic projections, including GDP growth, inflation, and unemployment forecasts.

- *Jerome Powell's Press Conference*: Fed Chair Jerome Powell will hold a press conference to explain the policy decision and provide insights into the Fed's economic outlook.

*Recent FOMC Developments*

- In its previous meeting in March 2025, the FOMC kept interest rates steady at 4.25-4.50% and projected 50 basis points of rate cuts in 2025.

- The Fed has been cautious in cutting rates due to elevated inflation, which remains above its 2% target.

- Recent data shows wholesale prices rose less than expected in May, with the Producer Price Index (PPI) up 0.1% month-over-month ² ¹.

*Market Expectations*

- Economists polled by Reuters expect the Fed to resume cutting rates in September, with 59 out of 105 economists predicting a rate cut.

- The Fed's decision will likely impact market sentiment, with investors closely watching the dot plot and Powell's comments for hints on future rate cuts ³.