The Federal Reserve's Interest Rate Decision Announcement #MEME法案
On May 8th at midnight Beijing time, the Federal Reserve will announce its latest interest rate decision. The market generally expects the rate to remain unchanged (with a probability of over 97%). However, it is important to pay close attention to hints in Powell's speech regarding the future policy path, especially the wording concerning interest rate cuts, which may trigger volatility in the cryptocurrency market. Franklin Templeton's CEO predicts that the Federal Reserve will only cut rates once in 2025. If Powell sends hawkish signals, risk assets (such as BTC and ETH) may come under pressure.