#FOMCMeeting Today, May 6, 2025, the next meeting of the Federal Open Market Committee (FOMC) has begun, which will last for two days. The decision regarding the interest rate will be announced tomorrow, May 7, at 2:00 PM Eastern Time (21:00 Kyiv time), after which there will be a press conference by Fed Chairman Jerome Powell.

Current Market Expectations

Analysts and investors mostly expect that the Fed will keep the base interest rate at 4.25%-4.5%. The FedWatch tool from CME Group indicates a probability of a rate cut this month of only 1.8%.

Political and Economic Context

President Donald Trump and some representatives from Wall Street are calling for a rate cut, citing slowing economic growth and the desire to stimulate the market ahead of elections. However, the Fed remains cautious due to inflationary risks associated with new tariffs and potential stagflation.

Possible Further Steps

Although a rate cut this week is unlikely, the market expects a possible easing of monetary policy in July or later, depending on further economic data. Even moderate members of the FOMC