spartakus94

#FOMCMeeting The Federal Open Market Committee (FOMC) recently concluded its meeting on May 6-7, 2025. The committee maintained the federal funds rate at 4.25%-4.50% but indicated potential rate cuts later in the year. According to the FOMC's projections, the interest rate might decrease by 0.25 percentage points twice, bringing the rate down to 3.75%-4.00% by year-end. *Key Takeaways:* - *Current Interest Rate*: 4.25%-4.50% - *Potential Rate Cuts*: Two possible cuts, each by 0.25 percentage points - *GDP Growth Forecast*: Revised down to 1.7% from 2.1% for 2025 - *Inflation Projection*: Revised upward to 2.7% *Upcoming FOMC Meetings in 2025:* - *June 17-18* - *July 29-30* - *September 16-17* - *October 28-29* - *December 9-10* The FOMC's decisions significantly impact financial markets, mortgage rates, and economic growth. Markets anticipate two interest rate cuts throughout the remainder of the year, potentially concentrated in the latter half. #FOMCMeeting