#USHouseMarketStructureDraft The Federal Open Market Committee (FOMC) is indeed holding a two-day policy meeting on May 6-7, 2025. Here's what we know so far ¹ ² ³:

- *Interest Rate Decision*: Markets widely expect the Fed to keep its benchmark interest rate steady at 4.25%-4.50%, consistent with expectations.

According to PANews, QCP Capital reported a significant 8% increase in the Taiwan dollar on Monday, alongside strengthening of other Asia-Pacific currencies such as the South Korean won. The spread between Taiwan dollar spot and one-year forward contracts reached a 20-year high. This surge is attributed to heightened speculation regarding a U.S.-Taiwan trade agreement and Taiwanese insurance companies increasing their hedging of U.S. dollar assets.