#FOMCMeeting Today, May 7, 2025, the Federal Open Market Committee (FOMC) concludes its two-day meeting. The decision on the interest rate is expected to be announced at 21:00 Kyiv time (2:00 PM Eastern Time), and the press conference by Fed Chair Jerome Powell will begin at 21:30 Kyiv time (2:30 PM ET).
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📉 Market Expectations
Analysts and traders almost unanimously predict that the Fed will leave the key rate unchanged in the range of 4.25%–4.50%. According to the CME FedWatch tool, the probability of a rate cut at this meeting is only about 3%.
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🏛️ Economic Context
• US GDP: An unexpected contraction of 0.3% was recorded in the first quarter of 2025, partly attributed to new tariffs imposed by the Trump administration.
• Inflation: The core PCE index, the Fed's preferred measure, fell to 2.3% year-over-year in March.
• Labor Market: 177,000 new jobs were created in April, indicating labor market resilience.
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