🚨BREAKING NEWS TODAY🚨
📊Today, June 17, 2025, the U.S. Federal Open Market Committee (FOMC) is meeting for the first session of a two-day policy meeting (June 17–18, 2025) to decide on the federal funds rate of the Federal Reserve.
📝The meeting is taking place against a backdrop of rising geopolitical tensions in the Middle East, with concerns over the back-and-forth missile launches between Israel and Iran causing significant fluctuations in crude oil prices, thereby posing new challenges to the Fed's inflation containment goals. At the same time, recently released domestic economic data indicates that retail sales and industrial output in May are showing signs of stagnation, raising fears of “stagflation” if timely adjustments in monetary policy are not made.
📝The market currently expects the Fed to maintain the federal funds rate range at 4.25%–4.50% and emphasizes that any future changes will depend on the subsequent developments of both inflation and economic growth. Additionally, the Summary of Economic Projections (SEP) is expected to be released alongside the policy statement, with the likelihood of lowering growth forecasts and raising inflation estimates compared to the assessment made in March.
📜Fed Chairman Jerome Powell will hold a press conference on June 18 to answer questions regarding the outlook for monetary policy and emerging risks to the U.S. economy. The message from this press conference will be closely monitored by global investors and businesses as it will guide financial decisions for the remainder of the year.
