#FOMCMeeting

* Meeting Date: Tuesday, May 6 and Wednesday, May 7.

* Interest Rate Decision: The committee's decision on interest rates will be announced on Wednesday, May 7 at 2:00 PM Eastern Time.

* Press Conference: Federal Reserve Chairman Jerome Powell will hold a press conference at 2:30 PM Eastern Time (9:30 PM Gaza Time) on Wednesday.

* Expected Outcome: The prevailing expectation is that the Federal Reserve will keep the benchmark interest rate steady in the current range of 4.25% to 4.5%.

* Future Interest Rate Cuts: Although a rate cut is not expected at this meeting, markets anticipate the possibility of rate cuts later in 2025, with July being a more likely time for the first cut.

* Economic Context: The meeting comes amid mixed economic signals, including a surprising negative GDP in the first quarter but strong job growth in April. There is also uncertainty surrounding the impact of new tariffs.

* Trump's Influence: President Trump has publicly called for a rate cut, arguing that inflation has decreased.

* Federal Open Market Committee Meeting Schedule: The committee meets eight times a year. Remaining meetings for 2025 are scheduled for June 17-18 and July 29-30.