*FOMC Meeting Alert*
The market is expected to experience strong fluctuations today and tomorrow, especially for those with long and short positions.
*Meeting Details*
- *Date*: May 6-7, 2025
- *Decision Announcement Time*: May 8th, 2:00 AM (Hanoi time)
- *Chairman Jerome Powell's Press Conference*: May 8th, 2:30 AM (Hanoi time)
*Economic Outlook and Interest Rate Decision*
- *Current Interest Rate*: 4.25%-4.50% (unchanged since December 2024)
- *Recent Economic Data*:
- GDP: Decreased by 0.3% in the previous quarter
- Employment: Added 177,000 jobs in April
- Inflation: Core PCE index increased by 2.6% year-on-year
The Fed is expected to maintain the current interest rate and may consider cutting rates later in the year, depending on further economic developments.
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