#FOMCMeeting
The FOMC meeting on May 6-7, 2025, wrapped up with the Federal Reserve deciding to keep interest rates unchanged at 4.25%-4.5%, which was pretty much what everyone expected. Chair Jerome Powell sounded a cautious note, pointing to the uncertainty surrounding Trump's tariffs and stubborn inflation. Markets are now betting on no rate cuts until June, with Powell's press conference hinting at patience given the strong employment numbers and cooling inflation. Investors are on high alert for any hints about future policy, especially with the potential impact of tariffs looming large. Gold and crypto markets are still pretty jumpy, while S&P futures took a slight dip. The Fed's next meeting on June 17-18 might bring some clarity on rate cuts. For now, it's a wait-and-see game.
$TRUMP