#FOMCMeeting ⛔ Urgent warning: the market will experience significant fluctuations today and tomorrow (Especially for you #long #short)
📅 Meeting time and content
Meeting date: May 6-7, 2025
Decision announcement time: 2:00 AM on May 8, Hanoi time
Press conference by Chairman Jerome Powell: 2:30 AM on May 8, Hanoi time
📊 Economic outlook and interest rate decision
Current interest rate: 4.25%–4.50% (maintained since December 2024)
Recent economic data:
Previous quarter GDP: Decreased by 0.3%
Employment: Added 177,000 jobs in April
Inflation: Core PCE index increased by 2.6% year-over-year
Despite the decline in GDP, the labor market remains stable. However, new tax policies from President Trump have raised concerns about the possibility of recession. The Fed is expected to keep interest rates unchanged in this meeting and may consider cutting rates later in the year, depending on further economic developments.
💬 Market reaction
Gold price: Increased to the highest level in two weeks, reaching $3,357.63/ounce, due to safe-haven demand and a weakening USD.
Bond market: Short-term bond yields decreased, reflecting market expectations for potential interest rate cuts in the future.
Stocks: The S&P 500 index fell after a nine-day consecutive rise, as investors await signals from
🕵️♂️ Predictions from experts
Chairman #JeromePowell: Expected to maintain a cautious stance, emphasizing inflation control and labor market stability.
Market expectations: Some analysts predict the Fed may begin to cut interest rates from July or December, depending on upcoming economic data.
