The crisis has exploded again! Could the Fed skip May and choose to raise interest rates in June?
Concerns about a banking crisis triggered by First Republic Bank have raised the possibility that the Federal Reserve will decide to pause raising interest rates next week, although investors still believe that the Fed will continue to raise interest rates.
Fed policymakers are in a period of silence ahead of the FOMC meeting on May 2-3. They have previously signaled they will raise interest rates by 25 basis points and may pause increases in June. Investors currently expect the probability of a rate hike to still be over 75%, but down from 90% last week. #BTC #ETH