#FOMCMeeting

The speech by Jerome Powell, Chairman of the Federal Reserve of the United States, is scheduled for tomorrow, May 7, 2025. The crypto community is attentive to his statements, as the Fed is expected to keep interest rates unchanged, with a 96% probability according to the CME FedWatch Tool. However, investors are looking for signs of possible rate cuts, as lower rates tend to benefit risk assets like cryptocurrencies. The CEO of Binance, Richard Teng, mentioned that rate cuts could increase liquidity and demand for digital assets. On the other hand, if Powell takes a more aggressive stance against inflation, it could pressure cryptocurrency prices downward. In summary, the crypto community is looking for signs of monetary policies that could influence the direction of the market.