#FOMCMeeting The Federal Open Market Committee (FOMC) is meeting on May 6–7, 2025, with its policy decision expected on May 7 at 2:00 p.m. ET. The Federal Reserve is likely to maintain interest rates at 4.25%–4.50% amid persistent inflation and mixed economic signals. Despite pressure from some investors and former President Trump to cut rates, the Fed remains cautious. Key data includes a slight GDP contraction, higher inflation, and steady job growth. Markets now expect potential rate cuts later in 2025. Chair Jerome Powell will hold a press conference following the announcement to discuss the Fed’s outlook and strategy.