The Federal Reserve will announce its May interest rate meeting on May 1 and is expected to keep interest rates unchanged.
On May 1st (May 2nd early morning Beijing time), the Federal Reserve will announce its May interest rate meeting. It is expected that the Fed will maintain its data-dependent forward guidance, and the timing of interest rate cuts still needs to be observed. In addition, inflation has encountered obstacles in its downward trend, but it is still difficult to determine whether the trend will reverse. Furthermore, it is expected that the Fed will announce a slowdown in the pace of tapering at the May meeting, but the time to stop tapering still needs to be observed and may be done in "multiple steps".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Almost 90% ot Airdrop Tokens Crash Within Three Months
Announcement on Resumption of FTM Network Deposit and Withdrawal Services
We are pleased to announce that FTM network deposit and withdrawal services are available again on our platform. We apologize for any inconvenience caused during the suspension period! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter
$10 – $20 RIO ATH Price Possibility Comes Into Play as Bullish Inverted Head and Shoulders Pattern Forms
$66,000 BTC Price Nears as Bulls Take Full Control, Bitcoin Races Towards Next $68,000 Crucial Resistance Level