#CryptoTariffDrop Federal Reserve did hold a closed-door meeting on April 7, 2025, at 11:30 AM Washington, D.C. time. The official agenda included reviewing and determining discount rates and advance rates for Federal Reserve banks, a routine task. However, with the US stock market experiencing a significant $2.1 trillion drop and ongoing discussions about tariffs, many speculate that the meeting might have addressed emergency economic measures.¹