#FOMCMeeting

#FOMCMeeting As of May 7, 2025, the Federal Reserve concluded its two-day Federal Open Market Committee (FOMC) meeting, opting to maintain the federal funds rate at its current range of 4.25% to 4.50%. This decision reflects the Fed's cautious approach amid persistent inflation concerns and a resilient labor market. While inflation remains above the Fed's 2% target, recent economic indicators show a gradual cooling, prompting the central bank to adopt a wait-and-see stance.

Fed Chair Jerome Powell emphasized the importance of returning inflation to the 2% target over time and indicated that any future rate adjustments would depend on incoming economic data. The Fed's decision comes amid ongoing U.S.-China trade tensions, with recent tariffs potentially impacting economic growth and consumer spending.

In the broader market, U.S. indices showed modest gains ahead of the Fed's announcement, with the Nasdaq up 0.4%, the S&P 500 up 0.5%, and the Dow Jones up 0.6%.

For a visual summary of the Fed's decision and its implications, you can watch Fed Chair Jerome Powell's news conference here: #FOMCMeeting