The Federal Reserve's interest rate meeting, which the whole world is holding its breath for, is only one day away. This meeting is crucial for whether or not there will be a rate cut in June, as the Fed typically provides the market with ample expectations before any rate cut meeting. It is clear that there will be no rate cut in the meeting the day after tomorrow, but the market will still react significantly to Powell's attitude, which is understandable, given that there has been no rate cut for six months. The market is most concerned about the signals Powell gives regarding a rate cut in June.
