At 2 AM tonight, the Federal Reserve will announce its interest rate decision. There will be no interest rate cut in May; it all depends on Powell's speech at this meeting, including expectations for June. Not cutting rates won't be negative either. The speculation around this news has been priced in for a long time, so it can be considered already digested. The decision not to cut rates in May will squeeze the frequency of rate cuts in the second half of the year. Once we pass this point, the market will only speculate on rate cut expectations. If the Federal Reserve cuts rates three times between June, September, and December, the market will have enough liquidity, including hot money.
Let's wait and see tonight at 2 AM!
