#FOMCMeeting The FOMC (Federal Open Market Committee) meeting is happening today, June 17, and tomorrow, June 18, 2025. Here's what you need to know ¹:

- *Meeting Details*: The FOMC will convene its meeting over two days, concluding with a policy statement release at 18:00 UTC (14:00 ET) on June 18, followed by a press conference led by Federal Reserve Chair Jerome Powell at 18:30 UTC (14:30 ET).

- *Interest Rate Decision*: The Federal Reserve is expected to hold interest rates steady at 4.25%-4.50%, with no rate cut anticipated in this meeting. The central bank will release its Summary of Economic Projections (SEP), or "dot plot," which will show where it expects the federal funds rate to be at the end of this year.

- *Economic Projections*: The median projection among FOMC participants anticipates the federal funds rate to be approximately 3.6% by the end of 2025, implying a reduction of about 0.65 percentage points.

- *Market Expectations*: Bond futures traders see 60% odds that the next rate cut comes in September. The economic outlook for the months ahead remains highly uncertain due to rapidly evolving tariff policy and other fiscal priorities.

Some key members of the FOMC include ¹ ²:

- *Jerome H. Powell*: Chair of the Federal Reserve

- *Michael S. Barr*: Board of Governors

- *Michelle W. Bowman*: Board of Governors

- *John C. Williams*: Vice Chair and President of the Federal Reserve Bank of New York

The FOMC meets eight times a year to discuss and set monetary policy, influencing interest rates, money supply, and overall economic stability ¹.