Today and tomorrow (May 6 and 7, 2025), the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve is meeting to decide on interest rates. Forecasts indicate that the central bank will keep the interest rate unchanged, within the current range of 4.25% to 4.50%, amid ongoing anticipation regarding the impact of new tariffs on the U.S. economy.
Key updates:
1- High likelihood of a hold: The "CME FedWatch" tool indicates that the likelihood of a rate cut at this meeting does not exceed 1.8%, reinforcing expectations of a hold.
2- Political pressures without response: Despite President Trump's repeated calls for a rate cut to support economic growth, the Federal Reserve remains cautious, pointing to inflation risks arising from the new tariffs.