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

What to Expect

The Fed is widely anticipated to maintain its benchmark interest rate at the current range of 4.25% to 4.50%. This decision comes amid a complex economic landscape:$BTC

Economic Indicators: The U.S. economy contracted by 0.3% in the first quarter of 2025, marking a significant slowdown from the 2.4% growth in the previous quarter. Despite this, the labor market remains robust, with 177,000 jobs added in April and unemployment steady at 4.2%. $XRP