#FOMCMeeting

The FOMC's decisions have a significant impact on the U.S. economy and financial markets, influencing interest rates for mortgages, loans, and savings accounts, as well as affecting inflation, employment, and economic growth. Its announcements and minutes are closely watched by investors, businesses, and consumers alike.

The next FOMC meeting is scheduled for May 6-7, 2025. As of the March 19, 2025 meeting, the federal funds rate was maintained at a target range of 4.25%-4.50%. Markets anticipate potential rate cuts later in 2025.