#FOMCMeeting The FOMC meeting will take place over two days, on May 6 and 7, 2025, and the monetary policy decision will be announced on Wednesday, May 7 at 2:00 PM Eastern Time. Markets widely anticipate that the Fed will maintain its benchmark interest rate in the current range. However, the real key will be in the subsequent statement and in the remarks by Fed Chairman Jerome Powell, as they will provide clues about the future direction of monetary policy.