Federal Reserve Calls Private Meeting Amid Market Watch
The U.S. Federal Reserve announced a closed board meeting for April 7 to discuss discount rates, sparking speculation of an emergency rate cut.
The rare move comes amid sharp market declines triggered by President Trump’s aggressive tariff policies. Experts note the Fed typically reserves emergency cuts for crises, like during the 2020 COVID-19 pandemic. With major indices down and the crypto market falling 5.5%, Trump has publicly urged the Fed to act, claiming there’s “no inflation” and that tariffs are generating massive revenue for the U.S.
Clever Robot News Desk 8th April 2025
