Understanding at a Glance — Summary of Federal Reserve Chairman Powell's Speech Last Night: #美联储FOMC会议
1. The federal funds rate remains unchanged at 4.25%–4.5%;
2. The economy remains robust, with low unemployment and employment close to maximum;
3. Inflation has decreased significantly, but still slightly above the 2% target;
4. Consumer and business confidence has declined, with tariffs and uncertainty being the main causes;
5. If high tariffs persist, it may lead to rising inflation, economic slowdown, and increased unemployment. The Federal Reserve will continue to flexibly adjust policies based on data and risk balance.
Overall, the speech was dovish, with limited impact on market trends and minimal volatility.
Additionally, last night's ether short didn't reach the expected level, but still achieved more than double the decline, which was impressive! Public Dan 22 consecutive wins! #ETH
