The FOMC meeting has already taken place today, July 30, 2025. Here's what happened ¹ ²:

- *Interest Rate Decision*: The Federal Reserve decided to keep interest rates steady at 4.25%-4.50%, as expected by most analysts.

- *Jerome Powell's Press Conference*: Fed Chair Jerome Powell addressed the media after the decision, providing insights into the committee's thinking and future monetary policy.

- *Market Expectations*: Investors were looking for clues on potential rate cuts later this year, possibly as early as September.

- *Economic Projections*: The Fed's updated projections may indicate fewer rate cuts for 2025, reflecting ongoing economic uncertainty.

You can watch the Fed's press conference live on ³ ¹:

- *Federal Reserve's Official Website*: federalreserve.gov

- *Financial News Channels*: CNBC, Bloomberg, and Reuters

- *Online Platforms*: Investing.com, Barron’s, and other financial news sites

The FOMC meeting is significant because it sets U.S. monetary policy, including interest rates, which can impact the economy, inflation, and financial markets ⁴.