#FOMCMeeting

The Federal Open Market Committee (FOMC) meeting is a crucial event in the US financial calendar, where the Federal Reserve decides on monetary policy, including setting interest rates. Here's what you need to know about the upcoming FOMC meeting:

Meeting Schedule:

The FOMC meeting starts on June 17 and concludes on June 18, with the Federal Reserve's latest policy decision and a press conference by Fed Chair Jerome Powell.

Interest Rate Decision:

The Fed is expected to keep interest rates unchanged at 4.25%-4.50%, despite pressure from Donald Trump for a rate cut. Experts cite inflation concerns and Trump's tariff policies as reasons for maintaining current rates.

Key Takeaways:

- *No Rate Cut Expected*: The Fed is likely to hold interest rates steady due to inflation concerns and uncertainty around the economic impact of tariffs.

- *Dot Plot Release*: The FOMC will release its Summary of Economic Projections (SEP), or "dot plot," which will show where each member expects monetary policy to be going forward.

- *Powell's Press Conference*: Fed Chair Jerome Powell's press conference will be closely watched for insights into the Fed's decision-making process and potential future rate cuts.

Market Impact:

The crypto market has been bullish despite expectations of unchanged interest rates, possibly due to investors adapting to current geopolitical conditions and anticipating peace. However, the market could react negatively if the Fed's decision differs from expectations.

Fed's Decision-Making Process:

The FOMC consists of 12 members, including the seven members of the Board of Governors and five Federal Reserve Bank presidents. They review economic and financial conditions, determine the stance of monetary policy, and assess risks to their long-run goals of price stability and sustainable economic growth.