#FOMCMeeting The Federal Open Market Committee (FOMC) is indeed holding a two-day policy meeting on May 6-7, 2025. Here's what we know so far ¹ ² ³:

- *Interest Rate Decision*: Markets widely expect the Fed to keep its benchmark interest rate steady at 4.25%-4.50%, consistent with expectations.

- *Previous Meeting*: In their last meeting on March 19-20, 2024, the FOMC decided to hold rates at a 23-year high of 5.25%-5.50% and signaled three rate cuts in 2024.

- *Economic Projections*: The Fed's economic projections, including the "dot plot," will likely provide insights into future policy decisions.

- *Inflation and Growth*: The Fed's stance on inflation and growth will be closely watched, given the current economic conditions.

Some key takeaways from previous FOMC meetings include ²:

- *Rate Cuts*: The Fed expects to cut rates by 0.75 percentage points in 2024, with some policymakers debating the timing and extent of rate cuts.

- *Inflation*: The Fed's inflation forecast remains a key factor in determining policy decisions, with a target inflation rate of 2%.

- *Economic Growth*: The Fed's growth projections have been revised upward, reflecting a resilient economy.

We'll have to wait for the meeting's outcome to understand the Fed's current stance on monetary policy