#FOMCMeeting

The Federal Open Market Committee (FOMC) is the U.S. Federal Reserve's primary policymaking body, responsible for setting monetary policy to promote economic stability and growth. Comprising 12 members—including the Fed Chair, Board of Governors, and regional bank presidents—the FOMC meets eight times annually to assess economic conditions and adjust the federal funds rate accordingly. In May 2025, amid a 0.3% GDP contraction and inflation concerns linked to tariff policies, the FOMC maintained interest rates at 4.25%–4.5%, signaling caution. Chair Jerome Powell emphasized data-driven decisions, balancing inflation control with employment goals. Market participants now anticipate potential rate cuts in July, reflecting the FOMC's careful approach to evolving economic challenges.