$BTC The Federal Open Market Committee (FOMC) of the U.S. Federal Reserve meets today and tomorrow (May 6 and 7, 2025) to make a decision on interest rates. Forecasts indicate that the central bank will keep the interest rate unchanged, within the current range of 4.25% to 4.50%, amid ongoing uncertainty about the impact of new tariffs on the U.S. economy.

Key updates:

1- High likelihood of holding: The "CME FedWatch" tool indicates that the likelihood of a rate cut at this meeting does not exceed 1.8%, reinforcing the expectations of holding.

2- Political pressures without response: Despite President Trump's repeated calls for a rate cut to support economic growth, the Federal Reserve remains cautious, citing inflation risks resulting from the new tariffs.

3- Market watch: Markets, including cryptocurrencies and gold, are reacting cautiously to the decision expectations. Bitcoin and Ethereum prices have fallen, while gold has risen by more than 2% supported by a weaker dollar and increased demand for safe havens.

Finally, some analysts expect the Federal Reserve to start cutting rates beginning in July, especially if the effects of the tariffs begin to negatively impact inflation and the labor market. But so far, there are no strong indicators of economic weakness sufficient to justify an immediate rate cut.