$BTC $BNB #FOMCMeeting
The Federal Reserve's Federal Open Market Committee (FOMC) is concluding its two-day policy meeting today, Wednesday, May 7, 2025. The decision on interest rates is scheduled for release at 2:00 p.m. Eastern Time (11:00 p.m. Pakistan Standard Time), followed by a press conference with Fed Chair Jerome Powell at 2:30 p.m. ET (11:30 p.m. PKT).
đ What to Expect
Interest Rates: The Fed is widely anticipated to maintain the federal funds rate at its current range of 4.25% to 4.50%. According to CME Group's FedWatch tool, there's a 97% probability of no change in rates at this meeting.
Economic Outlook: The central bank is adopting a cautious "wait-and-see" approach, monitoring the economic impacts of recent tariffs imposed by the Trump administration. These tariffs, including a 10% global import tax and up to 145% duties on Chinese goods, have introduced uncertainty, potentially affecting inflation and economic growth.
