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

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