Listen from beginning to end

CN
Phyrex
Follow
18 hours ago

From start to finish, I could feel Powell's fatigue, but from his responses, there were no signs of any potential easing. He repeatedly expressed that the Federal Reserve needs to see more data before deciding on the interest rate direction for September. In fact, the changes in prices have clearly indicated that the market is disappointed with Powell's remarks this time.

Powell once again demonstrated the independence of the Federal Reserve through action, stating that it will not be influenced by political reasons. Future inflation is likely to be affected by tariffs, and until the tariffs are fully implemented, the Federal Reserve will not take any preemptive actions and needs to see more data.

This also means that if Powell and the Federal Reserve remain steadfast, then with tariffs not fully implemented and showing an impact on inflation, the possibility of a rate cut in September is not on the Federal Reserve's agenda. After Powell's speech, the market's probability of the Federal Reserve not cutting rates in September rose to 51.8%, up from only 33.6% before the speech.

This article is sponsored by #Bitget | @Bitget_zh

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

上币快、币种全!注册Gate即领$10,000新手礼包
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink