#FOMCMeeting The Federal Open Market Committee (FOMC) meeting is currently underway, scheduled for May 6-7, 2025. Here's what's expected:

- *Interest Rate Decision*: The FOMC is likely to keep interest rates steady at 4.25%-4.50%, with a 97.3% probability of no rate cut.

- *Statement and Press Conference*: The committee will release an updated monetary policy statement, and Fed Chair Jerome Powell's press conference will provide insights into the central bank's decisions moving forward.

*Market Trends:*

- *S&P 500 Index*: Currently trading at 5,635.00 with a 0.31% decrease.

- *Nasdaq Index*: Trading at 19,864.80 with a 0.47% decrease ¹ ².

*Key Discussions:*

- *Economic Conditions*: The committee will discuss current economic conditions, inflation prospects, and labor market trends to determine the best course of action for monetary policy.

- *Tariffs and Inflation*: Powell may be pressed to comment on President Trump's tariffs and their potential impact on the economy, including inflation and employment ³ ⁴.$BTC