Key Economic Events 📊

(May 5–9, 2025)

May 7 (Wednesday)

►21:00 MSK — Fed Interest Rate Decision

• Previous: 4.50%

• Expectation: 4.50%

Explanation: This is like the price of credit. If the rate remains at 4.50%, banks will continue to lend money on the same terms, and no sharp changes in the economy and markets are expected.

►21:30 MSK — FOMC Press Conference

Explanation: The head of the Fed gives a speech about why the rate is what it is, what to expect in the future, and what the Fed's plans are. And although everyone already knows what Powell will say, it still causes volatility every time. Given how Trump speaks about him and how he pressures, Powell may give in and mention something about it in his speech.

May 8 (Thursday)

►15:30 MSK — Number of Initial Jobless Claims

• Previous: 241K

• Forecast: 232K

Explanation: Shows how many people have applied for unemployment benefits for the first time. If this number decreases (forecast lower than previous figure), it means more people are already working. Fewer claims indicate that the economy looks stronger, which can boost confidence in the market.

Wednesday, the most volatile day!