The Federal Reserve will hold its May interest rate meeting on May 1 and is expected to keep interest rates unchanged

Golden Finance reported that the Federal Reserve will hold its May interest rate meeting on May 1 (early morning of May 2, Beijing time). It is expected that the Fed will maintain data-dependent forward guidance, and the timing of interest rate cuts still needs to be observed. The downward trend of inflation has encountered twists and turns, but it is still difficult to determine the reversal of the trend. In addition, it is expected that the Fed will announce a slowdown in the pace of balance sheet reduction (taper) at the May meeting, but the time to stop the reduction needs further observation, and it may also be divided into "multi-step".