The Federal Reserve's Federal Open Market Committee (FOMC) is concluding its two-day policy meeting today, 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).