#FOMCMeeting #FOMCMeeting The Federal Reserve of the United States (Fed) will hold its Federal Open Market Committee (FOMC) meeting on May 6 and 7, 2025. Below are the key points expected from this meeting:

- *Interest rate decision*: The market is convinced that the Fed will maintain interest rates at the current level, between 4.25% and 4.50%, with a probability of 97.3%. There is only a 3.4% probability that the Fed will cut rates to a range of 4% to 4.25%.

- *Economic stance*: The Fed is expected to maintain its current stance unchanged and that Chairman Jerome Powell will reiterate that the Fed is assessing the overall impact of the policy changes implemented by the Trump Administration.

- *Guidance for future cuts*: Bank of America anticipates that Powell will not rule out a cut in June, but will rely on the market to adjust its expectations according to the data.

- *Market reaction*: Financial markets are attentive to Powell's press conference for clearer guidance on future monetary policy.

*Impact on markets*

- U.S. stock markets have started the week with declines due to announcements of 100% levies on films produced outside the U.S.

- Gold prices are rising due to the weakness of the dollar and the expectation of the Fed's monetary policy decision.

- Oil prices fell more than 1% after OPEC+ decided to increase its production.