Phyrex
Phyrex|Jul 28, 2026 18:25
Today, I saw that some institutions in the U.S. have major disagreements about the Federal Reserve's interest rate decision this month. While most institutions believe the Fed won't adjust rates, there are still some that think the Fed will choose to hike rates. Their reasoning? Walsh wants to reinforce a policy-driven approach and demonstrate the Fed's independence through a rate hike. As for me personally, I don't think the Fed will adjust rates in July. For one, inflation clearly dropped in June. Although oil prices have risen due to the war, they aren't excessively high. Even Trump paused his attacks on Iran to align with the Fed's meeting, and oil prices have already fallen back below $80. In this context, talking about a rate hike is something I just can't understand. On the contrary, I believe Walsh will continue to downplay future expectations tomorrow, focusing instead on the data. He'll likely acknowledge the war's impact on oil prices but won't rush into a rate hike because of it. Since there's no dot plot in July, I estimate most Fed officials will choose to hold steady. As for oil prices, I'm a bit worried that this is just Trump temporarily holding back for the sake of the Fed's meeting. Hopefully, that's not the case. For Bitcoin, the U.S. stock market has been dropping quite a bit recently, but bitcoin:native is still holding up well. My dual-currency investment expires tomorrow, and it's unlikely I'll hit $63,000. I'm considering whether I should raise it to $63,500. After all, if the U.S. and Iran really do negotiate peace, I think there's still a chance for the price to rebound to $67,000. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all-in-one trading platform.
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