#FOMCMeeting The FOMC meeting today and tomorrow, June 17-18, will determine interest rates by the Federal Reserve. Here is a summary:
- *Interest Rate Decision*: The Federal Reserve is likely to keep interest rates unchanged at 4.25-4.50% due to inflation concerns and Trump’s tariff policies. Experts believe that the Fed will adopt a "wait and see" approach, monitoring the economic impact of tariffs before making significant decisions.
- *Impact on Crypto Market*: Despite the uncertainty, the crypto market is currently bullish, recovering from previous crashes. Investors have adapted to the current geopolitical conditions and believe that the situation will improve soon. However, the market could crash if the Fed's decision differs from investor expectations.
- *Key Points*:
- *No Interest Rate Cuts*: The Fed is unlikely to cut interest rates this month, with the first rate cut likely to occur after the September FOMC meeting.
- *Tariff Concerns*: The implementation of Trump’s tariffs has heightened concerns about inflationary pressure and slowing economic growth.
- *Next Steps for the Fed*: The Federal Reserve will release the Summary of Economic Projections (SEP) or "dot plot," showing the target federal funds rate at the end of the year. Wall Street will also monitor Fed Chair Jerome Powell's press conference for insights into the central bank's decisions ¹.