#FOMCMeeting Key Expectations and Market Sentiment

Interest Rates: The CME FedWatch Tool indicates a 96% probability that the Fed will keep rates unchanged. Fed Chair Jerome Powell is expected to reiterate a data-dependent stance, emphasizing the need for more economic clarity before considering any rate adjustments.

Economic Indicators: Despite a 0.3% decline in GDP last quarter, consumer spending and job growth remain relatively strong, with 177,000 jobs added in April. However, recent tariff policies have introduced additional uncertainties, potentially impacting future economic performance.