This week, as the Federal Reserve chose not to cut interest rates, it prepared to face Trump's "fire and fury."

BlockBeats News, May 5th. This week, the independent Federal Reserve will certainly keep interest rates unchanged. There is no doubt that the economy is slowing down, but it has not yet reached a point where policymakers need to make an overly strong response, especially with price pressures (especially personal consumption expenditure) still lingering. In this context, the potential impact of tariffs will definitely keep the Federal Reserve cautious.

From the current perspective, the market has not priced in the expectation of a rate cut this week. Trump reiterated over the weekend that he has no intention of firing Powell, but please note that over the weekend he also took the time to tweet: "No inflation, the Fed should lower rates!!"

Therefore, if the Federal Reserve does not do so this week, we will see how sharp Trump's gaze towards Powell will be. It is not ruled out that Trump will fiercely criticize Powell again for this decision. (Jinshi)