There was a peculiar morning wind across the land as all manner of men – bankers, peasants, and lost cousins from Yaroslavl – turned their collective gaze to that vast, invisible edifice known as the U.S. Federal Reserve. There, upon a council not unlike the secret gatherings of elderly ladies naming jam recipes, the Federal Open Market Committee, led by the determined Jerome Powell – whose mustache, if he has one, surely twitches in anticipation – prepared itself to speak or, perhaps more accurately, to murmur in coded finance riddles on May 7th at 2:00 PM Eastern Time (11:30 PM for those in the great steppes far east of the Dnieper).
The speculation was as thick as borscht: once, people dreamt of a full percentage point cut, apparently to soothe the market’s wounded heart after the ominous threat of Trumpian tariffs. Alas! The number now stands at a meager 0.75%, not even enough to float a paper boat down the Volga. Yet Chairman Powell, ever the soul tortured by indecision and policy drafts, insists on patience – for only with “clarity” on Trump’s next chess move shall the Fed wield its mighty scissors.
Meanwhile, whispers grow in the taverns (and Twitter threads): certain analysts half-choke on their kvas as they predict that the Fed might finally put their much-loved Quantitative Tightening (QT) to rest. “It’s been draining liquidity!” cries your uncle Ivan, who still hides rubles under his mattress. Over in Switzerland, where deals are made between mouthfuls of chocolate and awkward small talk, Treasury Secretary Scott Bessent prepares to meet Chinese officials to argue tariffs – while practicing his “Ni hao” in the bathroom mirror.
The world, muddling its way through trade wars and policy posturing, looks for relief in the strangest place: Bitcoin. That sly upstart has climbed to $97,000 🎩, causing not a few traders to faint onto their keyboards and several others to declare “Altcoin season!” (for the eleventh time in as many months). Bitcoin dominates at over 65% – no small feat, though some say the real victory will be surviving the next meme cycle.
Bitcoin Price Prediction Today:
Never before has a number – between $96,100 and $97,400 – held the hopes and dreams of humanity in such suspense. If, by some miracle, Bitcoin finds the faith to linger above $95,300, its upward march may continue. But beware! There are wolves in the forest and bears in the market. The current bounce is promising – yet remembering Napoleon’s retreat from Moscow, one never calls the end too soon. The price may pull back, may surge, or may just sit moodily in the corner contemplating its own existence. Only the future – and perhaps a good deal of luck – knows what comes next. 🥲
Read More
- Invincible’s Strongest Female Characters
- Top 8 Weapon Enchantments in Oblivion Remastered, Ranked
- MHA’s Back: Horikoshi Drops New Chapter in ‘Ultra Age’ Fanbook – See What’s Inside!
- Nine Sols: 6 Best Jin Farming Methods
- Fix Oblivion Remastered Crashing & GPU Fatal Errors with These Simple Tricks!
- Top 8 UFC 5 Perks Every Fighter Should Use
- How to Reach 80,000M in Dead Rails
- Gold Rate Forecast
- USD ILS PREDICTION
- Silver Rate Forecast
2025-05-07 08:01