#FOMCMeeting The Federal Open Market Committee (FOMC) is currently holding its two-day policy meeting, which began today, May 6, 2025. The committee is expected to announce its interest rate decision tomorrow, May 7, at 2:00 p.m. Eastern Time (11:00 p.m. Pakistan Standard Time), followed by a press conference with Federal Reserve Chair Jerome Powell at 2:30 p.m. ET (11:30 p.m. PKT) .

What to Expect

Analysts widely anticipate that the Fed will maintain the current federal funds rate at 4.25%–4.50%. The CME FedWatch Tool indicates a 97% probability that rates will remain unchanged at this meeting