#FOMCMeeting Urgent warning: the market will experience strong fluctuations today and tomorrow (Especially for brothers #long #short )
📅 Time and content of the meeting
Meeting date: May 6–7, 2025
Decision announcement time: 2:00 AM on May 8th, Hanoi time
Press conference of Chairman Jerome Powell: 2:30 AM on May 8th, Hanoi time
📊 Economic outlook and interest rate decision
Current interest rate: 4.25%–4.50% (maintained since December 2024)
Recent economic data:
Previous quarter GDP: Decreased by 0.3%
Employment: Added 177,000 jobs in April
Inflation: Core PCE index increased by 2.6% year-on-year
Despite the decrease in GDP, the labor market remains stable. However, President Trump's new tax policies have raised concerns about the potential for a recession. The Fed is expected to keep interest rates unchanged in this meeting and may consider cutting rates later in the year, depending on further economic developments.