#FOMCMeeting The Federal Open Market Committee (FOMC) is currently holding its two-day meeting on May 6–7, 2025, with a policy decision expected today at 2:00 p.m. Eastern Time, followed by a press conference with Chair Jerome Powell at 2:30 p.m.

Market analysts widely anticipate that the Federal Reserve will maintain the current federal funds rate at 4.25%–4.50%, despite ongoing pressure from President Trump for rate cuts. The Fed's cautious stance is influenced by recent economic indicators, including a 0.3% GDP contraction in Q1 and the potential inflationary effects of new tariffs.

While the Fed has signaled potential rate cuts later in the year, possibly in July or September, the current economic data suggest that immediate action is unlikely. Investors are closely monitoring the Fed's statements for any hints about future monetary policy adjustments.

The outcome of this meeting is expected to have significant implications for various markets, including equities, cryptocurrencies, and commodities. For instance, Bitcoin (BTC) is currently trading at $94,134, reflecting market sensitivity to interest rate decisions.

Stay tuned for the official announcement and Chair Powell's press conference later today for more detailed insights into the Fed's economic outlook and policy direction.