Federal Reserve Will Hold Closed Board Meeting Amid Economic Uncertainty

On April 7, 2025, the Federal Reserve Board convened a closed-door meeting at 11:30 a.m. Eastern Time to review and determine the advance and discount rates charged by the Federal Reserve Banks.
This meeting occurred amid significant market volatility following President Donald Trump’s implementation of comprehensive tariffs on all imports. The tariffs have led to substantial adjustments in the U.S. stock market, with expectations of multiple rate cuts by the Federal Reserve this year, including a 40% probability of an emergency rate cut in the coming week.
While the Federal Reserve’s closed meeting focused on setting the advance and discount rates, these decisions are closely watched by markets as indicators of the Fed’s stance on monetary policy amid economic uncertainties.
The outcomes of such meetings are typically disclosed after the fact, providing insights into the Federal Reserve’s policy considerations during critical economic junctures.