April is dense with data. Four releases and one Fed meeting will define the macro picture for Q2.
Not all data moves markets equally. And even less of it actually tells you where the economy is going...
The FOMC meets April 28–29. Rates stay at 3.5–3.75%. That's not the story.
The story is the statement. Powell has said explicitly: the Fed is working through tariff inflation. If the April statement shifts language around 'inflation risks,' or drops the one-cut projection for 2026, that's the signal the market will reprice around.
Watch the wording. The decision itself is already priced.
The story is the statement. Powell has said explicitly: the Fed is working through tariff inflation. If the April statement shifts language around 'inflation risks,' or drops the one-cut projection for 2026, that's the signal the market will reprice around.
Watch the wording. The decision itself is already priced.