The Federal Open Market Committee (FOMC) is concluding its two-day meeting today, May 7, 2025. The policy statement is scheduled for release at 2:00 p.m. Eastern Time (11:00 p.m. Pakistan Standard Time), followed by a press conference with Federal Reserve Chair Jerome Powell at 2:30 p.m. ET (11:30 p.m. PKT).

Markets widely anticipate that the Fed will keep its benchmark interest rate unchanged at 4.25%–4.50%. This decision comes amid economic uncertainties, including a 0.3% contraction in Q1 2025 GDP and rising inflation pressures linked to recent tariff policies. Investors are closely monitoring Powell's remarks for insights into potential rate cuts later this year.