The Federal Open Market Committee (FOMC) is scheduled to meet today, May 6-7, 2025. This meeting is part of the FOMC's regular schedule, where they discuss and set monetary policy, including setting interest rates. The committee holds eight regularly scheduled meetings per year.
*Key Details:*
- *Meeting Dates:* May 6-7, 2025
- *Interest Rate Decision:* The FOMC will decide on the federal funds target rate, which affects borrowing costs and economic growth
- *Market Impact:* The decision can influence stock markets, like the S&P 500 and Nasdaq, which were recently trading at $5,637.20 and $19,871.80, respectively
¹ ² ³
*Tracking FOMC Rate Moves:*
You can use tools like CME FedWatch to track the probabilities of changes to the Fed rate, as implied by interest rate traders. According to FedWatch, the next FOMC meeting is in 2 days, and you can stay up-to-date with the latest probabilities of FOMC rate moves ⁴.
Would you like more information on the FOMC or its impact on financial markets? #FOMCMeeting