Week inAdvance

Monday | May 5, 2025

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Mon May 5 Cinco de Mayo. Bank holiday in UK; markets closed. BIS Innovation Hub event in Zurich. OPEC+ meeting on production levels. | Tue May 6 Treasury oversight hearing. ECB informal policy retreat. | Wed May 7 US Fed rate decision & news conference. Vatican conclave to elect new pope begins. | Thu May 8 UK BOE rate decision Bank of Japan issues minutes of March meeting. | Fri May 9 Fed Listens' event in Chicago. | Sun May 11 Mother's Day in the US, Australia, and Canada. The Bafta TV Awards ceremony in London.

All times are Eastern and subject to change.

Thursday, May 8

INVESTORS market practices industry update

10:30 - 11 am ET

For more info:

pjschott@association.institutionalINVESTORS.com

Come when you can. Leave when you have to. Take your calls.

Tuesday, May 6

FEDERAL RESERVE

Fed policymakers open two-day meeting.

Tuesday, May 6

SECURITIES AND EXCHANGE COMMISSION

The SEC's Small Business Capital Formation Advisory Committee will meet to discuss the rules and regulations affecting small and emerging businesses and their investors under the federal securities laws. The complete agenda is available here.

Wednesday, May 7

FEDERAL RESERVE

Fed rate decision and Jerome Powell news conference. Fed officials are expected to hold rates in a target range of 4.25% to 4.5% as they gauge the impact of US tariffs.

Friday, May 9

FEDERAL RESERVE BANK OF CHICAGO

At Fed Listens: Perspectives from the Midwest, a panel of local leaders will share their insights about regional economic conditions. The event is part of the Federal Reserve’s 2025 framework review of its monetary policy strategy, tools, and communications.

Tuesday, May 6

HOUSE COMMITTEE ON APPROPRIATIONS

Subcommittee on Financial Services and General Government hearing on oversight of the Treasury Department.

Wednesday, May 6

HOUSE FINANCIAL SERVICES COMMITTEE

Testimony from the Treasury Secretary on the state of the international financial system.

Monday, May 5

MILAN, Italy

58th annual meeting of the Asian Development Bank’s board of governors continues, the first time Italy is hosting the event.

Monday, May 5

ZURICH, Switzerland

Charting new horizons in central banking tour by the BIS Innovation Hub.

Tuesday, May 6

PORTO, Portugal

ECB policymakers begin a two-day informal retreat to conduct their first in-depth debate on an ongoing review of their monetary policy strategy.

Wednesday, May 7 -

Thursday, May 8

COPENHAGEN, Denmark

The Copenhagen Climate Ministerial will bring together global leaders for a meeting focused on implementing COP29 commitments and shaping priorities for COP30.

Wednesday, May 7 -

Thursday, May 8

WARSAW, Poland

EU foreign affairs ministers hold informal meeting.

Thursday, May 8

LONDON, UK

Bank of England policy meeting. Officials are seen lowering benchmark rate by a quarter-point to 4.25%

Monday, May 5

NEW YORK CITY

The Costume Institute Benefit — better known as the Met Ball — unfolds at New York’s Metropolitan Museum of Art, where celebrities dazzle on the red carpet.

Monday, May 5

VIRTUAL

The 109th Pulitzer Prize winners and finalists in journalism, drama, literature, and music will be revealed.