$BTC Meeting Time and Content
Meeting Date: May 6–7, 2025
Decision Announcement Time: 2:00 AM on May 8, according to Hanoi time
Press Conference by Chairman Jerome Powell: 2:30 AM on May 8, according to Hanoi time
📊 Economic Outlook and Interest Rate Decision
Current Interest Rate: 4.25%–4.50% (held 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% compared to the same period last year
Despite the decline in GDP, the labor market remains stable. However, the new tax policies of President Trump have raised concerns about the possibility of recession. The Fed is expected to keep interest rates unchanged at this meeting and may consider rate cuts later in the year, depending on further economic developments.