The #FOMCMeeting is a critical event for global financial markets, as the Federal Open Market Committee of the U.S. Federal Reserve sets the nation's monetary policy. The current meeting is underway, June 17-18, 2025, with the decision and press conference scheduled for Wednesday, June 18th.
Expectations are overwhelmingly that the Fed will hold its benchmark interest rate steady at the current range of 4.25% to 4.50%. This "wait and see" approach has been consistent throughout the first half of 2025, as the Fed balances inflation concerns (potentially exacerbated by new tariffs) with signs of slowing economic growth.
The key focus will be on the updated Summary of Economic Projections (SEP), or "dot plot," which reveals individual FOMC members' forecasts for interest rates and the economy. While some analysts expect the median projection to still show two rate cuts in 2025, any shift towards fewer cuts or a more hawkish stance could significantly impact market sentiment, particularly for equities and cryptocurrencies.