#FOMCMeeting means the following: Today and tomorrow, May 6 and 7, 2025, the Federal Open Market Committee (FOMC) is meeting. Although the current target range for the federal funds rate remains at 4.25%-4.50% since December 2024, the market anticipates that the Fed will keep rates unchanged.

In the March meeting, the FOMC kept rates steady but revised economic projections, anticipating slower GDP growth (down to 1.7% for 2025) and higher core inflation (up to 2.8% for 2025). The unemployment rate forecast for the end of 2025 also saw a slight increase to 4.4%. Investors will be on the lookout for any signals regarding future rate adjustments in the post-meeting statement and in President Powell's press conference on Wednesday afternoon.