Powell is going to unleash big guns tonight!!!!!!! The life and death moment of the cryptocurrency circle! Can the imitation season still come?
He will deliver a speech at 00:20 Beijing time on October 15, with the theme of "Economic Outlook and Monetary Policy." This speech is highly anticipated as his statements may affect market trends.
📊 Current Market Focus
· Interest Rate Cut Expectations and Discrepancies: The current market has high expectations for the Federal Reserve to cut rates by 25 basis points in October and December. However, there are significant discrepancies within the Federal Reserve regarding the future path of rate cuts.
· Challenges in Policy Making: Due to the U.S. government shutdown, key economic data is missing, and the Federal Reserve is facing the challenge of "blind navigation." Powell needs to weigh the balance between controlling inflation and preventing risks in the job market.
· Impact on Risk Assets: The tone of Powell's speech will directly affect market sentiment. If he sends hawkish signals (such as emphasizing inflation pressures), it may exacerbate the volatility of risk assets like cryptocurrencies; if he focuses more on signs of cooling in the labor market, it may be interpreted as a dovish signal.