Today is a critical day for the markets as the FOMC meeting takes center stage. The outcome could set the direction for the next major move—either upward or downward. It's wise to remain calm and closely observe the market action. In fact, staying out of trades today might be the most beneficial strategy.
U.S. FOMC Press Conference
Last held: March 19, 2025 at 11:30 PM
Next scheduled: May 7, 2025 at 11:30 PM
The Federal Open Market Committee (FOMC) press conference is one of the Fed's key tools to communicate its monetary policy stance to investors. It explains the reasoning behind recent interest rate decisions and other policy actions, while also offering insights into the economic outlook, including projections for growth and inflation.
Crucially, it hints at the Fed's potential future policy path.
The event lasts about an hour and consists of two parts: a prepared statement followed by a Q&A session with the press. The Q&A often includes unscripted responses that can significantly increase market volatility. The entire conference is streamed live on the Federal Reserve’s official YouTube channel. The practice began in April 2011.
"From Freight to Frontlines: Small Cap Firm Uses Trump Token to Boost Influence"
📢 What Happened:
A small U.S. Logistics tech company called Freight Technologies (Fr8Tech) plans to spend up to 💰 $20 million to buy a cryptocurrency called the 🏛️ Trump Token #TRUMP .
This is part of their strategy to build a crypto treasury — basically a collection of crypto assets to hold value, like a digital version of cash reserves.
⚠️ Why It Matters: 🎯 Their Goal:
Fr8Tech says the move will help them influence U.S.-Mexico trade deals and improve their tech and geopolitical position.
🏛️ Political Twist:
The TRUMP token is tied to Donald Trump, and some top token holders are being invited to a private dinner with him.
👉 This has triggered concerns about political access being “for sale.”
📈 Stock Impact:
After the announcement, Fr8Tech’s stock jumped +111% ✅
But in after-hours trading, it dropped -21.6% ❌
Likely due to controversy or investor concerns.
🌐 Part of a Larger Crypto Trend:
Many other big and small companies are also investing in crypto like Bitcoin, 🔷 SOL, and 🤖 FET to diversify their assets and stay competitive.