This Thursday at midnight, the Federal Reserve will hold an interest rate meeting. It is basically a done deal that there will be no interest rate cut in May. Everyone is more concerned about whether there will be a rate cut in June or July. According to CME data, the probability of no rate cut in May is 97.6%. Hopes have been pinned on June. Recent GDP and non-farm data have also led the market to believe that the Federal Reserve will not be in a hurry to cut rates in the short term. The market has already priced in the likelihood of no rate cut, so it is not considered a negative factor. What really makes retail investors anxious is what Powell will say.