#FOMCMeeting The Federal Open Market Committee (FOMC) is convening its latest meeting on May 6–7, 2025, amid heightened economic uncertainty. Despite a 0.3% GDP contraction in Q1, the Fed is expected to maintain the current federal funds rate at 4.25%–4.50% . This decision reflects concerns over inflationary pressures stemming from recent tariff policies and a cautious approach to monetary policy adjustments. While President Trump and some investors advocate for rate cuts to stimulate growth, Fed Chair Jerome Powell emphasizes data-driven decisions, with potential rate reductions possibly deferred until July or later, contingent on economic indicators .