Jerome Powell's speech is a key catalyst, which has a considerably impact on the cryptography market. The United States is among the world's best savings, so its monetary decisions affect the most financial markets. Consequently, the eyes are all on the Fed's decision, as the American interest rate decision could crush or rally the market, especially since the price of Donald Trump has brought turbulence and extreme accidents.
Jerome Powell speech time and where to watch?
Jerome Powell's speech is the culmination of the FOMC meeting, taking place a few moments after the conclusion of the meeting at 2:00 p.m. The United States Federal Committee on the Open Market (FOMC) holds its 3rd meeting, led by Powell.
Today's Fed meeting will assess the economic conditions of the country and develop any potential change necessary for the country, including interest rate reductions. As their decision would have an impact on American monetary policy, all nations are looking at this event.
It becomes important because investors and Trump are planning interest rate reductions. Jerome Powell will hold a conference at 2:00 p.m. on May 7, which will be broadcast live on the official Fed platforms, including YouTube, X (Twitter) and even its official website.
Updates on Fed news will also be live on various social media platforms and new sites like Coingape. However, rather than in Reunion, the emphasis is placed on the impact of the market of cryptography and others.
What to expect from the speech of Jerome Powell and the FOMC meeting?
Bank of America predicted four interest rate drops in 2025 and Goldman Sachs anticipated three 0.25%discounts, but the possibility of occurring in May is less likely. Even Godman reported on their calendar in July, September and October.
Polymarket reports add additional confidence, because the chances of lower interest rates in May are only 2% and 98% dimensions for the “no change”. Experts believe that Jerome Powell will announce regular rates in his speech of 4.25% to 4.50%. Indeed, there is a strong American labor market adding 1,77,000 jobs in April, noting inflation.
In addition, the March inflation report is 2.6%, which is always higher than the target of 2% planned. In addition, the unemployment rate is also stable at 4.2%.
A drop in rate would make borrowing cheaper, increasing the flow of money in the economy, which Donald Trump plans. However, the position of the Fed is “to wait and see” according to inflation data and data rather than feelings.
Will Crypto Market come together?
In the midst of the uncertainty of decisions to lower the Fed interest rates, the cryptography market is witness to strong volatility today. Most cryptocurrencies, including the price of bitcoin, are declining because the feelings of investors remain frightened.
Market performance depends strongly on the announcement of Jerome Powell's word. Experts like Baldwin claim that cryptographic assets could attend significant volatility due to unchanged rate. He advised investors to remain cautious for a low period, adding to watch the key support levels of the Bitcoin price at $ 91,500 at $ 92,000.
🚨 The FOMC meeting (May 7, 2025) strikes and everyone simply can't for Powell's speech.
My prospects before the meeting:
> Rate decision -making prospects: 94% chance of not going to federal financing rate from 4.25% to 4.50% (CME Fedwatch tool). The position of Fed Hawkish can put pressure on the prices of cryptography.
– King Baldwin (@cryptobaldwiniv) May 5, 2025
However, if the Fed reduces interest rates in the middle of the pressure of Donald Trump, an upward trend could probably form. In particular, despite the result, volatility will be high. In addition, the next FOMC meeting on June 18 and other macroeconomic events must also be taken into account.
Frequently asked questions (FAQ)
The FOMC meeting is a two -day federal reserve event where the main economic decisions, including declines of interest, are discussed and implemented.
Jerome Powell's speech will be put online at 2:00 p.m. on May 7 and will be available to watch the Fed Youtube channel, social media platforms and the website.
According to forecasts and current reports, the chances of lower interest rates in May are low, but there is uncertainty due to the pressure of Donald Trump.
Pooja Khardia
With a deep passion for reading and five years of experience in writing content, Pooja is now focusing on the manufacture of trendy content on the cryptocurrency market. As a dedicated cryptographic journalist, Pooja is constantly looking for trendy subjects and informative statistics to create convincing pieces for crypto enthusiasts. Staying informed of the latest trends and progress in the field is an integral part of your daily routine, fueling a commitment to offer timely and perceptive coverage
Warning: The content presented may include the author's personal opinion and is subject to the market state. Do your market studies before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
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