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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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The FED interest rate decision meeting will be held on May 6-7, and the interest rate decision will be announced on May 7 at 22:00 TR time. The primary duty of central banks is to ensure price stability. Donald Trump's customs tariff rates have caused serious surges in the markets. In a recent interview, Donald Trump emphasized that the Fed chairman should lower interest rates. Although gold may rise before the FED's interest rate decision, if no interest rate cut occurs, fluctuations in gold may begin again. Personally, I do not believe that interest rates will fall; I think they will remain stable. If interest rates remain stable, I do not expect much activity in the markets; I believe it will continue in a stable manner. If an interest rate cut occurs, there may be some rises. All the ideas mentioned in this article are my personal opinions. What do you think, will there be an interest rate cut or will it continue to remain stable?
Please share your own opinions in the comments, friends.
#FOMCMeeting