The Federal Reserve, the central bank of the United States, announced a closed-door session scheduled for Tuesday, April 7th at 11:30 AM Eastern Time. The focus of this session is to review the ‘rates that Federal Reserve banks receive’. This announcement has sparked speculation in the market, especially due to the significant drop in key stock market indices and a 5.54% decline in the digital currency market following recent tariff policies by the U.S. government. Some analysts speculate that this session may relate to an urgent interest rate reduction or at least a decision to lower rates in the near future. It is worth noting that Donald Trump, the President of the United States, also called for a rate cut by the Federal Reserve on Tuesday morning.
Federal Reserve's special session on banking interest rates triggers market speculation.