#FOMCMeeting The Federal Open Market Committee (FOMC) is convening its scheduled two-day meeting today and tomorrow, May 6–7, 2025. The policy statement is anticipated at 2:00 p.m. Eastern Time (11:00 p.m. Pakistan Standard Time) on Wednesday, May 7, followed by a press conference at 2:30 p.m. ET (11:30 p.m. PKT) .

What to Expect from This Meeting

Despite mounting pressure from President Trump and some investors advocating for interest rate cuts to stimulate economic growth, the Federal Reserve is expected to maintain the current federal funds rate at 4.25%–4.50%. This decision is influenced by recent economic indicators, including a 0.3% GDP contraction in Q1 and rising jobless claims, which suggest caution .