#FOMCMeeting The Federal Open Market Committee (FOMC) is holding a two-day meeting on May 6–7, 2025. Markets expect the Fed to keep interest rates steady at 4.25%–4.50%. In its previous March 2024 meeting, the Fed maintained rates at 5.25%–5.50% and signaled three rate cuts in 2024. Updated economic projections and the "dot plot" will offer clues about future policy. Key focuses include inflation trends and economic growth. The Fed aims to bring inflation down to its 2% target. Growth projections have been revised upward, suggesting resilience in the economy. The meeting's outcome will clarify the Fed's monetary policy direction.