My dears, the press conference of Federal Reserve Chairman Powell has ended!

His speech was generally quite neutral, but upon closer inspection, his stance was slightly hawkish

At the press conference, Powell talked about tariffs, inflation, and unemployment over and over again

He didn't give a clear attitude, and kept persuading the market to "wait a little longer"

Although he mentioned that the Fed would cut interest rates before July, when asked about the two expected rate cuts in March

He said that the news would not be announced until June. From this point of view, there is a high probability that there will be no rate cut in June

After hearing this, there was no big movement in the US stock and crypto markets, and the rise and fall signals were not obvious

Now we can only continue to wait and see, wait for the market to digest and interpret it well, and see what the subsequent reaction is

To be honest, the market environment in May is not expected to be good

The Fed will not cut interest rates, but government bonds and corporate bonds will mature in large numbers. At that time, all assets will have to be withdrawn, and market liquidity will be worse

Even if the US stock market is pulled up, it is likely to be bluffing, and the liquidity is actually fleeing behind it

So, my dears, you must be very careful when investing in May, pay attention to safety! #美联储FOMC会议