$BTC FOMCMeeting: Fed Stays Put Amid Inflation and Tariff Jitters
As the May 6-7 FOMC meeting kicks off, the Federal Reserve is widely expected to hold interest rates steady at 4.25%-4.5%. Despite pressure for a cut, the Fed remains cautious-because the data sends mixed signals.
Key Highlights:
Inflation still "somewhat elevated"
April added +177K jobs; unemployment at 4.2%
Trump's new tariffs introduce fresh economic uncertainty X
Fed Chair Jerome Powell is expected to take a wait-and-watch stance, with markets tuning in for any hint of future rate changes. markets or stir them?