#FOMCMeeting The May 6–7 FOMC meeting could be the most important market event this month. Why? Because it might finally signal whether interest rates are staying higher for longer—or if we’re heading toward cuts.

Inflation’s still running hotter than the Fed would like (around 2.6%), and even though economic growth is slowing, the job market remains relatively strong. That’s why most expect the Fed to keep rates steady at 4.25%–4.50%. They don’t want to risk easing too soon and reigniting inflation—but waiting too long could push us into a recession.

Fed Chair Jerome Powell is set to release the official policy statement on May 7 at 2:00 p.m. ET, followed by a press conference at 2:30 p.m. Expect him to strike a cautious tone—acknowledging the risks without giving any firm guidance. With no updated projections this time, markets will be hanging on every word for any hint of a potential June cut.

Between inflation, economic data, and the uncertainty from new political tariffs, this meeting could shape market direction for the weeks ahead. And yes, that includes crypto—$BTC is already reacting.