#USHouseMarketStructureDraft The FOMC meeting (May 6–7, 2025) is expected to keep the federal funds rate at 4.25%–4.50%, with a rate cut unlikely (1.8% probability). The decision, announced May 7, will be followed by Fed Chair Powell’s press conference. Inflation (2.6% PCE) and a strong labor market support the Fed’s cautious stance, though tariff policies create uncertainty. Markets anticipate rate cuts starting June 2025. The U.S. housing market faces high prices ($403,700 median), elevated mortgage rates (6.45%), and low inventory, worsened by homeowners’ “lock-in” effect. Demand is low, and tariffs raise construction costs. Trump’s zoning and land policies may boost supply. No housing crash is expected in 2025. If referring to the US House Crypto Market Structure Draft, it clarifies crypto regulations, distinguishing securities (SEC) from commodities (CFTC), aiming to foster innovation and protect consumers. (150 words