Tonight at 2 AM, the Federal Reserve will announce its interest rate decision. There will be no rate cut in May, so we will see how Powell's speech will be at this meeting, including expectations for June. Not cutting rates will not be a negative signal. This kind of news speculation has been anticipated for a long time, so it can be considered as already digested. The decision not to cut rates in May will squeeze the frequency of rate cuts in the second half of the year. After passing this juncture, the market will only speculate on rate cut expectations. If the Federal Reserve cuts rates three times between June, September, and December, there will be enough liquidity in the market, including hot money.
Let's wait and see tonight at 2 AM!
