The Fed has completely turned around, and point shaving has become a foregone conclusion.
The latest meeting minutes release three major signals: All members agree to cut interest rates, evidence of economic slowdown is conclusive. Internal divisions have emerged, with the radicals and conservatives vying for power. Inflation data remains high, but the economy must be saved first.
For the market, the short-term benefits have been confirmed, and interest rate cuts will become a catalyst for the market. Bitcoin is expected to break through its previous high.
But the long-term risks have not dissipated; the Fed holds both candy and possibly a slap. It is essential to maintain a sense of clarity amidst the revelry.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The Fed has completely turned around, and point shaving has become a foregone conclusion.
The latest meeting minutes release three major signals:
All members agree to cut interest rates, evidence of economic slowdown is conclusive.
Internal divisions have emerged, with the radicals and conservatives vying for power.
Inflation data remains high, but the economy must be saved first.
For the market, the short-term benefits have been confirmed, and interest rate cuts will become a catalyst for the market. Bitcoin is expected to break through its previous high.
But the long-term risks have not dissipated; the Fed holds both candy and possibly a slap. It is essential to maintain a sense of clarity amidst the revelry.