#FOMCMeeting
The United States Federal Open Market Committee is holding its scheduled meeting on May 6-7, 2025. The FOMC typically meets eight times annually to discuss matters related to US inflation and interest rates. Its policy will be announced on 7/5/2025 at 11:30 PM, IST. Jerome Powell is leading the meeting of the US Federal Reserve - Members will evaluate and discuss the current economic conditions of the nation.
They will consider the changes to the interest rates that could impact the US monetary policy. The current rate of interest varies from 4.25% to 4.50% since December 2024. President Donald Trump wants to slash the interest rate. A rate cut by the US Fed would mean borrowing gets cheaper. More purchasing indicates more money into the economy. Labour Market - About 1,77,000 jobs were added in April 2025, keeping Federal Reserve Steady. Gradual easing inflation supports price stability. They want to make Price Stability.