#FOMCMeeting Key decision expected on May 7

The Federal Reserve of the United States (Fed) will hold its monetary policy decision this Wednesday, May 7, at 18:00 UTC, followed by a press conference at 18:30 UTC.

The benchmark rate is currently maintained between 4.25% and 4.50%, but the latest economic data – negative growth in Q1, persistent inflation, and trade tensions – could weigh on the decision. Markets are now anticipating a rate cut in July, rather than in June.

Potential impact on crypto markets:

A rate cut could weaken the dollar and boost risky assets like Bitcoin.

A more “hawkish” stance could increase pressure on markets.

To watch: The economic projections and the tone of Chairman Jerome Powell will be decisive for market direction in the coming weeks.