The Federal Open Market Committee (FOMC) is currently holding its May 6–7, 2025, meeting, with the rate decision expected on May 7 at 2:00 p.m. EST. Markets anticipate the Fed will keep interest rates steady at 4.25%–4.50%, despite political pressure from President Trump for cuts.

Economic indicators present a mixed picture: Q1 GDP contracted by 0.3%, yet April saw 177,000 jobs added. Persistent inflation, partly due to recent tariffs, complicates the outlook.

Fed Chair Jerome Powell is expected to emphasize caution and data dependency in his post-meeting remarks, resisting immediate rate cuts.

The next #FOMCMeeting is scheduled for June 17–18, with potential rate cuts more likely in July or later, contingent on economic developments.