Phyrex
Phyrex|May 17, 2025 16:50
Just now, Trump was calling on Powell to cut interest rates, but now Powell is insisting that if there is no tariff problem, American inflation would have seen the path back to 2%. Now, the reason for not cutting interest rates is tariff. My view is still that either there is a serious expectation of economic downturn, leading to the Federal Reserve needing to cut interest rates more than twice in 2025, or the economy continues to be resilient and the Federal Reserve continues to withstand two or lower rate cuts. The first interest rate cut is likely to be in the second half of the year. Let's take a look at the dot matrix in June, which happens to be one month away. June 18th is the new session of the interest rate meeting and the dot matrix. For cryptocurrencies, today's decline is likely to be an aftershock of Moody's downgrade, which does not have much conflict with cryptocurrencies. The amplitude of the first two times was 1%, and it only lasted for one or two working days. This time, the focus is on the trend of the US stock market on Monday.
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