http://www.fxstreet.com/fundamental/interest-rates/fomc-preview-june-rate-decision/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/interest-rates/fomc-preview-june-rate-decision/2009-06-24.htmlCurrent Base Rate: 0.00% to 0.25% Consensus: 0.00% to 0.25% Expect a more sanguine economic outlook, though will likely say recovery to be slow and protracted Show a commitment to long term ZIRP (zero interest rate policy) and play down inflation in the near term FOMC likely to keep its asset purchase program targets unchanged; though could spring a surprise by altering the size/balance of Treasury and mortgage securities it purchases after the recent spike higher in yields FOMC could outlineWed, 24 Jun 2009 14:11:41 GMThttp://www.fxstreet.com/fundamental/interest-rates/info@ransquawk.com (RANsquawk)http://www.fxstreet.com/fundamental/interest-rates/fomc-preview-june-rate-decision/2009-06-24.html