#FOMCMeeting
May 2025 FOMC Meeting Overview
The FOMC is convening on May 6–7, 2025, amid a complex economic landscape marked by trade tensions and mixed economic indicators. The federal funds rate has remained steady at 4.25%–4.50% since December 2024, and the committee is widely expected to maintain this rate in the current meeting.
Recent economic data presents a nuanced picture:
GDP: The U.S. economy experienced a 0.3% contraction in the first quarter of 2025.
Employment: April saw the addition of 177,000 jobs, indicating continued labor market resilience.
Inflation: The Personal Consumption Expenditures (PCE) price index rose by 2.6% year-over-year as of March.