#FOMCMeeting The Federal Open Market Committee (FOMC) is currently convening its May 2025 meeting, scheduled for May 6–7. The policy decision and accompanying statement are expected to be released on May 7 at 2:00 p.m. Eastern Time, followed by a press conference with Fed Chair Jerome Powell at 2:30 p.m.
The federal funds rate is anticipated to remain unchanged at 4.25%–4.50%, a level maintained
The U.S. economy experienced a 0.3% GDP contraction in Q1 2025. However, April saw the addition of 177,000 jobs, indicating resilience in the labor market. Inflation remains above the Fed's 2% target, with the Personal Consumption Expenditures