#FOMCMeeting The Federal Open Market Committee (FOMC) meeting is taking place today, May 6-7, 2025. Here’s what you need to know ¹:

- *Interest Rate Decision*: The Fed is likely to keep interest rates steady at 4.25%-4.50% due to uncertainty surrounding Trump's tariffs and their impact on the economy.

- *Economic Data*: There is a divide between "hard" and "soft" economic data. Hard data shows the economy remains strong, while soft data indicates deteriorating consumer and business sentiment.

- *Rate Cuts*: The market anticipates a rate cut in July, with a 56% chance of a reduction factored in. Some strategists believe that rate cuts may come later, possibly in October, depending on economic data.

- *Concerns About Inflation*: The Fed is balancing the risks of rising inflation and slowing growth. Tariffs could lead to higher prices, while a slowing economy could require lower interest rates.