#FOMCMeeting

Today, May 6, 2025, the Federal Open Market Committee (FOMC) begins a two-day meeting to determine U.S. interest rate policy. Markets expect interest rates to remain in the range of 4.25%–4.5%, despite pressure from President Trump to lower them amid economic uncertainty due to new tariffs. Although first-quarter GDP contracted by 0.3%, job growth remains solid with the addition of 177,000 jobs in April. Investors are looking forward to Fed Chair Jerome Powell's press conference on May 7 at 1:00 PM ET (May 7 at 12:00 AM WIB) for guidance on future policy direction.