#FOMCMeeting Federal Open Market Committee Meeting

_ The Federal Open Market Committee (FOMC) is holding its May 2025 meeting, which began today, May 6, and is scheduled to conclude tomorrow, May 7. It is widely expected that the committee will keep the federal funds rate in its current range of 4.25% to 4.5%, amid mixed expectations for economic indicators.

Key Economic Indicators Inflation:

The core Personal Consumption Expenditures (PCE) inflation rate remains above the Federal Reserve's target of 2%, indicating continued inflationary pressures. Economic Growth:

U.S. GDP contracted by 0.3% in the first quarter of 2025, suggesting a potential economic slowdown.

Labor Market:

The April employment report showed an addition of 177,000 jobs, with the unemployment rate holding steady at 4.2%, reflecting the resilience of the labor market.