#FOMCMeeting
The Federal Open Market Committee (FOMC) meeting is a crucial event in the US financial calendar. Here's what you need to know about the upcoming meeting:
Upcoming FOMC Meeting Schedule:
- *May 6-7, 2025*: The FOMC is scheduled to hold its next meeting on May 6-7, 2025. Markets expect the Fed to hold interest rates steady at 4.25%-4.50% during this meeting.
- *June 17-18, 2025*: The next FOMC meeting after May will be held on June 17-18, 2025, which may include a press conference and summary of economic projections ¹ ².
Expectations:
- *Interest Rate Decision*: The Fed is likely to maintain the current interest rate, with traders betting on a potential rate cut in July due to uncertainty surrounding trade wars and their impact on the economy.
- *Economic Projections*: The FOMC's Summary of Economic Projections (SEP) will provide insights into the committee's expectations for GDP growth, inflation, and interest rates ³ ².
Key Takeaways:
- *Economic Uncertainty*: The economic outlook remains uncertain due to trade wars and their potential impact on growth and inflation.
- *Rate Cuts*: Markets are pricing in three rate cuts for the remainder of 2025, with some strategists expecting cuts to start in July ³.
For more information and updates on FOMC meetings, you can visit the Federal Reserve's official website. Unfortunately, I couldn't find pictures directly related to the FOMC meeting details. However, you can check the Federal Reserve's photo gallery for images related to FOMC meetings and press conferences.