#FOMCMeeting

The Federal Open Market Committee (FOMC) is currently convening on May 6-7 to assess the US economic landscape and determine the course of monetary policy. Investors globally are keenly watching, especially with President Trump advocating for interest rate cuts. However, current projections strongly suggest the FOMC will maintain the federal funds rate within the 4.25%-4.5% range, a level unchanged since December 2024.

This anticipated decision comes amidst mixed economic signals, including a recent dip in GDP juxtaposed with robust job growth. While inflation shows signs of moderating, the FOMC appears inclined to prioritize price stability. The potential impact of newly implemented tariffs adds another layer of complexity to their deliberations, with concerns about both rising prices and a slowing labor market. The committee's statement and Chair Powell's press conference on May 7 will be closely analyzed for future policy clues.