Fed’s May 7 Rate Decision: Implications for Crypto Markets
Market participants anticipate no change to interest rates at the Federal Reserve’s May 7 meeting, with Polymarket odds pricing a 98% probability of unchanged policy. The focus shifts to Chair Powell’s commentary and economic signals for June’s outlook.
Persistent inflation above the 2% target maintains pressure on the Fed’s restrictive 5.25%-5.50% rate regime. Cryptocurrency traders watch for nuanced shifts in monetary policy language that could influence risk asset flows.