FOMC Meeting Today: Interest Rates Stabilize, Crypto Market Awaits Signal from the Fed!

Updated

May 8, 2025

Gambar FOMC Meeting Today: Interest Rates Stabilize, Crypto Market Awaits Signal from the Fed!

Jakarta, Pintu News—Today’s FOMC (Federal Open Market Committee) meeting, chaired by Jerome Powell, is the main highlight of the financial market.

Although the market has predicted that interest rates will remain fixed, Powell’s statement is still a mystery that could shake up the crypto market.

With the uncertain economic situation and Trump’s tariff policy, the market is looking forward to the new direction it may take.

Check out the full news below!

How Interest Rates Affect the Crypto Market

Today we'll have another FOMC.

The Fed is expected to keep rates the same.

The market will be eager to watch for any dovish or hawkish changes in their tone which has been pretty mixed recently. pic.twitter.com/tFwaeCBQSE
— Daan Crypto Trades (@DaanCrypto) May 7, 2025

According to analysis from Polymarket, interest rates will likely remain in the range of 4.25% to 4.5%. The markets have priced this in. However, what is more important is how Powell describes monetary policy going forward.

If Powell shows a dovish stance, meaning looser monetary policy, this could be a breath of fresh air for the crypto market. Conversely, a hawkish stance indicating a tighter policy could trigger a price drop in the crypto market.

The Fed’s strategy to deal with Trump’s tariffs

The Fed is expected to take a balanced approach to dealing with the impact of Trump’s tariffs. A former Fed official, Vincent Reinhart said that this situation puts the Fed in a difficult position.

They have to wait for the policy to be implemented and see how inflation expectations react. This cautious approach is necessary to maintain price stability and maximize employment opportunities, in accordance with the Fed’s dual mandate.

Also read: Sui Presents Gaming Stablecoin to Boost Transactions on SuiPlay0X1!

Controversy and Speculation Over Powell’s Firing

Recently, there have been rumors that Trump might fire Powell before his term ends. However, Trump has denied the rumors, stating that it would make no sense to fire him when he could just appoint a new chairman shortly. This speculation adds to the uncertainty in the markets, and any comments from Powell today will have a huge impact on market sentiment.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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