The global oil shock has the Fed cornered just days before its next meeting — what that means for Bitcoin

Just as investors were trying to steady the 2026 rate outlook, the oil market handed the Federal Reserve a fresh inflation problem. The Fed meets on April 28 and 29. On April 30, the US Bureau of Economic Analysis (BEA) is scheduled to publish the advance estimate for first quarter GDP alongside March personal income and outlays, the release that includes the Fed’s preferred PCE inflation gauge. Any one of those even…