#FOMCMeeting The Federal Open Market Committee (FOMC) meeting is scheduled for May 6-7, 2025. Here's what you need to know ¹:

- *Interest Rate Decision*: The Fed is expected to hold interest rates steady at 4.25%-4.50%. Markets anticipate no rate cut this week, with a 97.3% probability of rates remaining unchanged.

- *Tariffs and Economy*: Fed Chair Jerome Powell will likely address the impact of President Trump's tariffs on the economy. The tariffs have introduced uncertainty, potentially leading to higher inflation and slower growth.

- *Future Rate Cuts*: Markets expect a possible rate cut in July, with a 56% chance of a 25-basis-point cut. Some strategists predict two quarter-point rate cuts by year's end.

- *Market Expectations*: Traders will closely watch Powell's press conference for clues on the Fed's policy direction amid economic uncertainty ² ³.