#FOMCMeeting The Federal Open Market Committee (FOMC) is scheduled to meet today, May 6-7, 2025. Unfortunately, the meeting's outcome and any potential interest rate decisions haven't been announced yet. The minutes of the meeting will be released three weeks after the policy decision.
Historically, the FOMC has maintained a steady policy rate, with the last decision keeping the rate at 4.25-4.50%. The committee has conveyed a deliberate approach to rate decisions, seeking further progress on inflation.¹ ²
*Recent Market Trends:*
- S&P 500: down 0.50% to 5,624.10
- Nasdaq: down 0.64% to 19,831.20
- US Dollar: steady against major peers
- Gold: slightly declined after Fed policy announcements
Keep an eye on official Federal Reserve announcements for the latest updates.³ ⁴