#FOMCMeeting The Federal Open Market Committee (FOMC) is holding a two-day policy meeting today and tomorrow, May 6-7, 2025. Markets widely expect that the Fed will maintain the benchmark interest rate in the current range of 4.25% to 4.50%, a level that has remained stable 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 robust, with 177,000 jobs added in April. However, new tariffs introduced by President Trump have disrupted business sentiment and manufacturing activity, raising concerns about the possibility of stagflation.