📰 What's up in the News Today?

📌 #FED Meeting Roundup:

👉 FED keeps interest rates steady at 5.25% - 5.5%, marking the 6th consecutive hold since the Sep 23 meeting, but slows down the pace of balance sheet tightening (reducing bond-selling pressure from $60B to $25B).

👉 Interest rate cuts may take longer than expected to achieve the 2% inflation target. Rates will only be reduced when FED has sufficient evidence that inflation could fall to the 2% mark. Inflation has decreased significantly but remains high, and the reduction progress is still not satisfactory to FED.

👉 Fed chair keeps saying there's no need to worry about interest rates going up anytime soon, but everything depends on future data.

📌 Blur's Got Your Back on the @Blast_L2:

👉 @blur_io officially supports the @Blast_L2, introducing 2M Blast Gold points for users to trade, list, and bid on NFTs.

👉 Pro tip: Want to x2 your Blast Gold? Throw some $ETH into the pool and make an offer for those collectibles. Easy peasy!

👉 After two months since its launch, @Blast_L2 finally shakes things up in May. Let's see if #BLAST - the L2 chain once hailed as the potential game-changer to break the zero-sum game - will live up to its hype or fade into obscurity like the other nine-billion L2s out there.

📌 $MEME and $SUI Token unlocks coming tomorrow, May 3rd!

📌 @LayerZero_Labs has conducted a snapshot and is preparing for a token #airdrop. Talk of "Snapshot #1" means we might see more snapshots down the road 🚀