#FOMCMeeting

Fed Decision (May 7, 2025): The FOMC is expected to keep rates steady at 4.25%–4.5%.

Inflation: Annual inflation rose to 2.4%, above the 2% target—mainly due to recent tariffs.

Economy: GDP shrank 0.3% in Q1, but job growth remains solid (+177,000 in April).

Political Pressure: President Trump is pushing for rate cuts, but the Fed is maintaining independence.

Market Outlook: No rate cut today, but the first cut might come in July if inflation cools.

Jerome Powell’s press conference later today may signal future policy direction. Want a brief update after Powell’s speech?