#FOMCMeeting The Federal Open Market Committee (FOMC) convenes on May 6–7, 2025, amid economic uncertainty. Despite President Trump’s calls for interest rate cuts, the Fed is expected to maintain the current 4.25%–4.5% rate, citing inflation concerns linked to recent tariffs. While GDP contracted by 0.3% in Q1, job growth remains steady. Analysts predict potential rate cuts in July if economic conditions worsen. The Fed aims to balance inflation control with economic stability, resisting political pressure to ensure long-term growth