Powell revealed a dovish tone: interest rates may have reached a peak, and the Fed is paying attention to the liquidity environment
According to Wu Talk, Powell revealed a strong dovish tone at the latest FMOC press conference. First of all, it said that interest rates may have reached a peak, and the Fed will decide when to adjust policy interest rates based on economic data and the need to balance risks; it firmly believes that financial conditions have been tightened enough, and it is expected to start to slow down QT soon. Selectively ignore the resurgence of inflation in January and February, as well as the significant rise in the prices of inflationary assets/risk assets such as crude oil/stocks, and reiterate that inflation is on the way to 2%. At this stage, the Fed is most concerned about the domestic liquidity environment: the risk of "insufficient" liquidity seems to be greater than "excess", especially in a critical election year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bloomberg: As the crypto market crashes, the Trump family's and their supporters' wealth is shrinking significantly
The Trump family's wealth has shrunk by 1.1 billions US dollars, with ordinary investors becoming the biggest losers.

Why are most treasury DATs trading at a discount?
Is the DAT model truly a bridge connecting TradFi, or is it a "death spiral" for the crypto market?

Powell’s allies make a major statement: Is a December rate cut “reversal” now highly likely?
Economists point out that three of the most influential officials have formed a strong coalition in support of interest rate cuts, which will be difficult to challenge.

How We Build: Boundless Product Engineering and the Post-TGE Era
Now, thanks to the team's efforts, Boundless has become the first truly decentralized and permissionless protocol capable of handling any general-purpose ZKVM proof request.
