#FOMCMeeting The Federal Open Market Committee (FOMC) is currently holding its scheduled meeting on May 6–7, 2025. The policy statement is expected to be released on May 7 at 2:00 p.m. Eastern Time (9:00 p.m. Amman time), followed by a press conference with Fed Chair Jerome Powell at 2:30 p.m. ET .

The FOMC is anticipated to maintain the federal funds rate at its current target range of 4.25%–4.50%, despite recent economic indicators suggesting a slowdown, such as a 0.3% GDP contraction in Q1 and rising jobless claims . While President Trump and some investors have advocated for rate cuts to stimulate growth, the Fed remains cautious due to inflationary pressures from new tariffs and other policy factors .

Looking ahead, futures markets are increasingly pricing in a potential rate cut in July rather than June, contingent on further economic data . The Fed's approach underscores its commitment to data-driven decision-making amid complex economic dynamics.

The next FOMC meeting is scheduled for June 17–18, 2025 .