#FOMCMeeting Key Points:

* Meeting Date: Tuesday, May 6, and Wednesday, May 7.

* Interest Rate Decision: The committee's decision on interest rates will be announced on Wednesday, May 7, at 2:00 PM Eastern Time.

* Press Conference: Federal Reserve Chairman Jerome Powell will hold a press conference at 2:30 PM Eastern Time (9:30 PM Gaza Time) on Wednesday.

* Expected Outcome: The prevailing expectation is that the Federal Reserve will keep the benchmark interest rate unchanged in the current range of 4.25% to 4.5%.

* Future Rate Cuts: Although a rate cut is not anticipated at this meeting, markets expect the possibility of rate cuts later in 2025, with July being considered a more likely time for the first cut.