The Federal Open Market Committee (FOMC) is currently holding a meeting on May 6-7, 2025. The FOMC meets eight times a year to discuss and set monetary policy, including setting interest rates. You can find the meeting calendars, statements, and minutes on the Federal Reserve Board's website.¹
*Key Details:*
- *Meeting Dates:* May 6-7, 2025
- *Meeting Type:* Regularly scheduled meeting
- *Expected Outcomes:*
- Interest rate decisions
- Monetary policy updates
- Economic projections
*Tracking FOMC Rate Moves:*
You can use tools like CME FedWatch to track the probabilities of changes to the Fed rate, as implied by interest rate traders. According to FedWatch, the next FOMC meeting is in 2 days.²
*Recent Market Movements:*
In related news, the S&P 500 and Nasdaq indices have seen slight declines, with the S&P 500 down 0.31% and Nasdaq down 0.46% as of 12:25 PM PKT today.³ ⁴