According to the official website of the Federal Reserve, the Federal Reserve will hold a closed-door meeting of the Council on April 7 local time. The meeting will be held at 11:30 a.m. Eastern Time on April 7 (11:30 p.m. Beijing time), which will mainly review and determine the advance and discount rates charged by the Federal Reserve.

The meeting is a time when Trump's tariff policy triggered a sharp adjustment in US stocks. The market has now fully priced the expectation of the Federal Reserve's interest rate cuts five times this year. The swap market even shows a 40% chance of an emergency interest rate cut next week. (International Financial News)