#FOMCMeeting The Federal Reserve’s May 6–7 meeting is underway, with expectations that interest rates will remain unchanged at 4.25%–4.50%. Economic indicators show a 0.3% GDP contraction in Q1, while inflation remains elevated. President Trump’s recent tariffs have added uncertainty, leading the Fed to adopt a cautious “wait-and-see” approach. Markets now anticipate potential rate cuts later in 2025.