#FOMCMeeting ChatGPT

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FOMCMeeting

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The Federal Open Market Committee (FOMC) is concluding its two-day policy meeting today, Wednesday, May 7, 2025. The interest rate decision is expected to be announced at 2:00 PM ET (12:00 AM BST on May 8 in Dhaka), followed by a press conference from Fed Chair Jerome Powell at 2:30 PM ET.Equals Money+4Wall Street Journal+4Reuters+4

What to Expect from the May 2025 FOMC Meeting

The Federal Reserve is widely anticipated to maintain the federal funds rate at its current range of 4.25% to 4.50%. Despite pressure from President Trump and some investors for rate cuts, the Fed has signaled a cautious approach due to ongoing inflation concerns and economic uncertainties. MarketWatch+2Reuters+2Equals Money+2Forbes+7MarketWatch+7Kiplinger+7

Recent economic data presents a mixed picture:Investopedia

A 0.3% contraction in Q1 GDP.

Unemployment steady at 4.2%.

Inflation at 2.6%.

April saw 177,000 jobs added.