As the Federal Reserve wraps its two-day policy session on Wednesday, all eyes will be on any forward guidance hinting at a potential June rate cut—a key takeaway investors and President Trump alike will scrutinize.

No May Move, but June in Focus
The consensus view is that the Fed will hold rates steady this week. However, Fed Chair Jerome Powell’s post-meeting remarks could set the stage for June’s decision. The more explicit the Fed is about cutting rates in a month’s time, the stronger the market’s relief rally could be.
To track the exact timing of the Fed announcement and related economic releases, traders rely on the Economics Calendar API, which lists U.S. policy dates and global data events in real time.

Trump’s “Wrath” and Fed Independence
President Trump’s vocal criticism—branding Powell a “total stiff” and threatening removal—injects political risk into Fed communications. While Trump says he won’t fire Powell until May 2026, his repeated calls for rate cuts add pressure. Investors will gauge whether Powell addresses this tension directly or maintains a data-driven stance.

What Markets Are Watching

Dot-Plot Update: Any shift toward more “cut” dots for 2025 signals a policy pivot.

Press-Conference Tone: Watch for language around growth forecasts and inflation risks.

Market Reaction: Equity and bond yields will react instantaneously to even subtle changes in Fed messaging.

Implications for Investors

Equity Positioning: A clear June cut signal could spur tech and growth stock rallies.

Bond Strategies: Longer-dated Treasuries would likely rally on dovish guidance.

Currency Flows: A Fed shift can weaken the dollar, benefitting commodities and emerging-market assets.

By monitoring the Fed meeting schedule and related indicators via the Economics Calendar API, investors can stay ahead of policy surprises—and position portfolios for whatever signals the Fed delivers on Wednesday.