#FOMCMeeting Meeting Time and Content
Meeting Date: May 6–7, 2025
Decision Announcement Time: 2:00 AM on May 8 according to Hanoi time
Press Conference of Chairman Jerome Powell: 2:30 AM on May 8 according to Hanoi time
📊 Economic Outlook and Interest Rate Decision
Current Interest Rate: 4.25%–4.50% (maintained since December 2024)
Recent Economic Data:
Previous Quarter GDP: Decreased by 0.3%
Employment: Added 177,000 jobs in April
Inflation: Core PCE Index increased by 2.6% compared to the same period last year
Despite the decline in GDP, the labor market remains stable. However, President Trump's new tax policies have raised concerns about the possibility of a recession. The Fed is expected to keep interest rates unchanged at this meeting and may consider cutting rates later in the year, depending on further economic developments.