From Yahoo Finance: 2025-04-09 12:01:00

President Trump’s tariffs are causing market turmoil, pushing the S&P 500 and Nasdaq into bear territory. Traders predict five interest rate cuts in 2025, possibly starting in May. Fed Chair Powell hints at a wait-and-see approach, despite Trump’s calls for rate cuts. Market volatility rises as uncertainty looms.

With Trump adamant on tariffs, all eyes turn to the Federal Reserve for relief. JPMorgan’s Bob Michele likens the situation to past crises, suggesting the Fed may intervene sooner. Traders expect rate cuts as Trump pressures the Fed. Powell remains cautious, waiting for more clarity before policy adjustments.

Amid the chaos, Maelstrom CIO Arthur Hayes suggests monitoring the MOVE Index for the Fed’s next move. The index, measuring bond market volatility, indicates potential yield fluctuations. Hayes asserts a Fed pivot could propel Bitcoin to $250,000 by year-end, a 220% surge from current levels. Market remains on edge.

Read more: Will The Central Bank Step In?