#FOMCMeeting refers to the meeting of the Federal Open Market Committee (FOMC), which started yesterday, May 5, and ends today, May 6, 2025. The FOMC, responsible for U.S. monetary policy, is expected to announce its decision on interest rates at 2:00 PM ET (6:00 PM UTC), followed by a press conference with Fed Chairman Jerome Powell at 2:00 PM ET (6:00 PM UTC), at 2:00 PM ET (6:00 PM UTC). 2:30 PM Eastern Time (6:30 PM UTC). The expectation is that rates will remain unchanged, between 4.25% and 4.50%.