#FOMCMeeting The Federal Reserve of the United States (Fed) will hold its Federal Open Market Committee (FOMC) meeting on May 6 and 7, 2025. Below are the key points expected from this meeting:

- *Interest rate decision*: The market is convinced that the Fed will keep interest rates at the current level, between 4.25% and 4.50%, with a probability of 97.3%. There is only a 3.4% probability that the Fed will cut rates to a range of 4% to 4.25%.

- *Economic stance*: It is expected that the Fed will maintain its current stance unchanged and that Chairman Jerome Powell will reiterate that the Fed is assessing the total impact of the policy changes implemented by the Trump Administration.

- *Guidance for future cuts*: Bank of America anticipates that Powell will not rule out a cut in June, but will rely on the market to adjust its expectations based on the data.

- *Market reaction*: Financial markets are watching Powell's press conference closely for clearer guidance on future monetary policy.

*Impact on markets*

- U.S. stock markets have started the week with declines due to announcements of a 100% tax on films produced outside the U.S.

- Gold prices are rising due to dollar weakness and the expectation of the Fed's monetary policy decision.

- Oil prices fell more than 1% after OPEC+ decided to increase its production.