GoldShine

#FOMCMeeting The Federal Reserve's FOMC meeting is coming up, with traders anticipating potential interest rate cuts. The current rate has been at 4.25%-4.50% since December 2024, and key data like a 0.3% Q1 GDP contraction, a solid +177,000 jobs added in April, and a 2.6% YoY rise in core PCE inflation are fueling market speculation. Gold is at $3,357.63/oz, and bond yields are dipping. Expect Powell's cautious tone on inflation and jobs, with potential rate cuts in July or December. This meeting could shape the 2025 market.

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