The U.S. Federal Reserve's Federal Open Market Committee (FOMC)#FOMCMeeting is currently holding its two-day policy meeting on May 6-7, 2025. Markets widely anticipate that the Fed will maintain its benchmark interest rate at the current range of 4.25% to 4.50%, a level held steady since December 2024. (Binance) (0
While no rate change is expected, traders are closely monitoring Fed Chair Jerome Powell's statements for any indications of future monetary policy shifts. A dovish tone could signal potential rate cuts later in the year, potentially boosting risk assets like cryptocurrencies#Cryptocurrencies: . Conversely, a hawkish stance might lead to market pullbacks.()