#FOMCMeeting The Federal Open Market Committee (FOMC) meeting is currently underway, scheduled for May 6-7, 2025. Here's what's important to know ¹ ²:

- *Meeting Purpose*: The FOMC discusses and sets monetary policy, including interest rates, to promote maximum employment and price stability.

- *Interest Rate Decision*: You can track the probabilities of changes to the Fed rate using the CME FedWatch tool, which analyzes 30-Day Fed Funds futures prices.

- *Market Impact*: The FOMC meeting outcome can significantly impact financial markets. Recent market trends show:

- *S&P 500 Index*: 5,636.60, with a 0.28% decrease

- *Nasdaq Index*: 19,868.60, with a 0.45% decrease

After the meeting, the FOMC will release a statement explaining their policy decision. The minutes of the meeting will be released three weeks later, providing more insight into the committee's discussions ³ ⁴.