May 8th not lowering interest rates is not scary; what’s scary is if Powell stops drawing the pie altogether!
The real necessary conditions for lowering interest rates:
1. Prices are no longer rising, inflation has calmed down, and the Federal Reserve dares to lower interest rates.
2. The economy is so bad that it’s on the verge of collapse; only then will the Federal Reserve lower interest rates to save it.
So it’s 100% certain that there will be no interest rate cut in May; tariff policies can stir up trouble at any time. Unless inflation completely cools down or the economy deteriorates severely, otherwise, dreaming about interest rate cuts is just wishful thinking. Trump is constantly posting in bold on social media: 'No inflation, Federal Reserve, hurry up and cut interest rates!!' After all, lowering interest rates can stimulate the economy and boost the stock market, all of which are part of his performance KPI.
On the 7th, Ethereum will undergo a major upgrade, but the current market sentiment is low. Referring to past upgrades, there’s a tendency for prices to drop after rising; the last upgrade saw a halving from 4000! However, it is also possible that this time there will be a rise followed by a fall.