#FOMCMeeting

The Federal Open Market Committee (FOMC) is holding its two-day monetary policy meeting today and tomorrow, May 6-7, 2025. Markets widely expect the Federal Reserve to keep the benchmark interest rate within its current range of 4.25% to 4.50%, a level that has remained unchanged since December 2024.

Key Developments Ahead of the Meeting

Economic Outlook: Recent data presents a mixed picture. While GDP contracted by 0.3% in the last quarter, the labor market remains resilient, adding 177,000 jobs in April. However, the new tariffs imposed by President Trump have affected business confidence and manufacturing activity, leading to an increase.