#FOMCMeeting The FOMC meeting refers to the Federal Open Market Committee meeting, a crucial event in the US financial calendar where the Federal Reserve decides on interest rates and monetary policy.

*Recent FOMC Meeting Key Points:*

- *Date:* July 29-30, 2025

- *Interest Rate Decision:* The Fed kept interest rates steady at 4.25%-4.50%, with a divided vote.

- *Rationale:* The decision was based on the current economic conditions, with the Fed citing "somewhat elevated" inflation and solid labor market conditions.

- *Future Policy:* Fed Chair Jerome Powell indicated that the committee is attentive to risks on both sides of its dual mandate, but didn't provide clear guidance on future rate cuts.

- *Dissents:* Two Fed officials, Vice Chair for Supervision Michelle Bowman and Fed Governor Christopher Waller, dissented, preferring to lower interest rates to support the labor market ¹ ² ³.

*Impact and Reactions:*

- *Market Response:* The market remained steady after the Fed's decision, with traders anticipating potential rate cuts in September based on upcoming economic data.

- *Trump's Reaction:* President Donald Trump expressed disappointment, reiterating his call for lower interest rates to support homebuyers and homeowners.

- *Powell's Stance:* Fed Chair Jerome Powell defended the Fed's independence, emphasizing that the committee's decisions are based on economic data and not political pressure.

*Where to Watch:*

- *Federal Reserve's Official Website:* Live streaming of the press conference and meeting details.

- *Financial News Channels:* CNBC, Bloomberg, and Reuters provide live coverage and analysis.