As of today, May 6, 2025, the Federal Reserve is not expected to cut interest rates during its meeting concluding on May 7. The consensus among economists and financial markets is that the Fed will maintain its current target range of 4.25% to 4.50% .
While there has been speculation about potential rate cuts later in the year, possibly starting in July, the Fed is currently adopting a cautious approach. This stance is due to ongoing inflation concerns and the economic uncertainties introduced by recent tariff policies
Therefore, any reports claiming that the Federal Reserve will cut interest rates on May 7, 2025, are not supported by current expectations and are likely to be inaccurate.