#FOMCMeeting
As of today, July 30, 2025, the Federal Open Market Committee (FOMC) meeting is concluding! š¦ All eyes are firmly fixed on the Federal Reserve's announcement later today (around 2:00 PM ET / 6:00 PM UTC, followed by Chair Powell's press conference).
The overwhelming expectation from market participants is that the Fed will hold steady on interest rates, maintaining the federal funds rate in its current range of 4.25% to 4.50% for the fifth consecutive meeting. š
This "wait-and-see" approach comes despite persistent calls for cuts from some political figures.
Key factors shaping today's decision include still-elevated inflation (Core PCE around 2.5-2.7% vs. the 2% target š¤) and a labor market that, while showing some early signs of cooling, remains largely resilient.
There's also a notable division within the Committee, with some members reportedly pushing for rate cuts sooner rather than later. š£ļø
The real drama will unfold during Chair Powell's press conference. Markets will be scrutinizing every word for clues about the future path of monetary policy, especially whether a September rate cut is on the table or if ongoing inflationary pressures (possibly exacerbated by recent tariffs š) will keep the Fed on a tighter leash.
It's a high-stakes balancing act! āļø