#FOMCMeeting meeting today and tomorrow, May 6–7, 2025. Markets widely anticipate that the Fed will maintain its benchmark interest rate in the current range of 4.25% to 4.50%, a level that has remained stable since December 2024.

Key developments ahead of the meeting

Economic outlook: Recent data presents a mixed picture. Although GDP contracted by 0.3% last quarter, the labor market remains resilient, with 177,000 jobs added in April. However, the new tariffs introduced by President Trump have disrupted business sentiment and manufacturing activity, raising concerns about potential stagflation.