FOMC Meeting May 6-7: What to Watch

The Fed is holding a two-day meeting, and here’s the scoop so far:

Interest Rates: Expected to stay steady at 4.25%–4.50%

Last Meeting: Rates were held at a 23-year high, with hints at 3 possible cuts in 2024

Key Focus: Inflation, economic growth, and updated forecasts

The Dot Plot: Eyes on the Fed’s projections for future policy moves

Markets are watching closely—will the Fed stay the course or shift gears? Stay tuned.#FOMCMeeting