#FOMCMeeting

Current interest rate: 4.25%–4.50% (maintained since December 2024)

Recent economic data:

GDP last quarter: Decreased by 0.3%

Employment: Added 177,000 jobs in April

Inflation: Core PCE index increased by 2.6% compared to the same period last year

Despite the decline in GDP, the labor market remains stable. However, President Trump's new tax policies have raised concerns about the possibility of recession. The Fed is expected to keep interest rates unchanged in this meeting and may consider cutting rates later in the year, depending on further economic developments.