#FOMCMeeting The Federal Open Market Committee (FOMC) is set to announce its latest monetary policy decision on Wednesday, May 7, 2025. Market consensus anticipates that the Federal Reserve will maintain the current interest rate range of 4.25%–4.50%, despite recent economic indicators showing a 0.3% GDP contraction in Q1 and rising jobless claims.

President Trump has been vocal in urging the Fed to lower interest rates to stimulate economic growth. However, the central bank remains cautious, balancing concerns over inflation and the impact of ongoing trade tensions.

In the cryptocurrency market, major assets have shown slight declines ahead of the FOMC meeting.