The FOMC meeting on May 6-7, 2025, concluded with the Federal Reserve holding interest rates steady at 4.25%-4.5%, as expected. Chair Jerome Powell emphasized a cautious approach, citing uncertainties from Trump’s tariffs and sticky inflation. Markets anticipate no rate cuts until June, with Powell’s press conference signaling patience amid robust employment and cooling inflation. Investors are closely watching for clues on future policy, especially with tariff impacts looming. Gold and crypto markets remain volatile, while S&P futures dipped slightly. The Fed’s next meeting is June 17-18, where rate cut discussions may intensify. Ok let 👀