#FOMCMeeting
The Federal Open Market Committee (FOMC) meeting is a regular meeting of the U.S. central bank (the Federal Reserve) held to make important decisions regarding monetary policy, most notably setting interest rates.
Summary of what is happening now:
Meeting date: May 6 and 7, 2025.
Expected decision: Announcement of interest rate policy on Wednesday, May 7.
Current situation: Interest rate stable between 4.25% and 4.50%.
Economic variables:
The U.S. economy contracted by 0.3% in the first quarter.
177,000 jobs were created in April.
Inflation remains high.
The Trump administration is pushing for interest rate cuts to stimulate the economy.
Federal Reserve's position: Cautious in making a decision to cut interest rates due to concerns about inflation.
Market expectations: Starting to lean towards the possibility of an interest rate cut in July instead of June.
Importance of the meeting:
What the Federal Reserve decides will affect:
Cost of borrowing (loans, credit cards, mortgages...).
Stock market.
Dollar exchange rate.
Global economy.