On April 7, 2025, the Federal Reserve Board convened a closed-door meeting at 11:30 a.m. Eastern Time to review and determine the advance and discount rates charged by the Federal Reserve Banks.
This meeting occurred amid significant market volatility following President Donald Trump’s implementation of comprehensive tariffs on all imports. The tariffs have led to substantial adjustments in the U.S. stock market, with expectations of multiple rate cuts by the Federal Reserve this year, including a 40% probability of an emergency rate cut in the coming week.
While the Federal Reserve’s closed meeting focused on setting the advance and discount rates, these decisions are closely watched by markets as indicators of the Fed’s stance on monetary policy amid economic uncertainties.
The outcomes of such meetings are typically disclosed after the fact, providing insights into the Federal Reserve’s policy considerations during critical economic junctures.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/federal-reserve-will-hold-emergency-meeting-amid-economic-uncertainty/