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in todays video Im giving you a stock market forecast and heres what you need to know May 3rd is the big day thats only two weeks away thats when the Federal Reserve will raise interest rates or not so I have to update you on that I also need to give you a status update on Bank stability the credit Crunch and the recession so all of these events will have an impact on the stock market also in the cryptocurrency market the housing market and the economy as a whole were going to begin with May 3rd this is the Federal Reserve fomc meeting and at that meeting the Federal Reserve will either raise interest rates by 0.25 percent to 25 basis points or they will choose to pause to not raise interest rates the probability of an interest rate increase of 25 basis points is at 86 percent the probability of a pause is at 14 percent a good question is why are the odds in favor of an interest rate increase of 0.25 percent thats because inflation is still high CPI headline inflation yes it did
