Summary of the Federal Open Market Committee (FOMC) Meeting – May 2025
Date:
Tuesday, May 6 and Wednesday, May 7
Key Points:
Interest Rate Decision: To be announced on Wednesday, May 7 at 2:00 PM Eastern Time.
Press Conference: Held by Federal Reserve Chair Jerome Powell at 2:30 PM (9:30 PM Gaza Time).
Expectations:
The Fed is likely to keep the interest rate unchanged in the range of 4.25% – 4.5%.
While a rate cut is ruled out for this meeting, markets anticipate the first potential cut in July 2025, while monitoring developments in inflation and economic growth.
Summary:
The meeting is a pivotal moment for the markets, with anticipation for Powell's tone on monetary policy for the upcoming period.
