🚨 Macroeconomic Turning Point! The Federal Reserve's Attitude Towards "2% Inflation" Is Quietly Softening, and the Global Asset Pricing Logic May Be Rewritten!!!
After a closed-door meeting, Powell sent a strong signal: the Average Inflation Targeting (AIT) will be gradually abandoned, and future policies may only anchor on the current inflation level. This means that the Federal Reserve may no longer "backstop historical inflation," but instead base decisions on present realities, entering the fray with less burden.
📉 The bond market immediately responded—U.S. Treasury yields fell, and the market generally interpreted this as a sign of a more moderate rate hike path, with liquidity expectations warming up.
Powell still superficially maintains the official statement of the "2% target," but what is actually conveyed is a redefinition of the tolerance limits for inflation. This is not a slight technical adjustment, but a potential shift in the monetary policy paradigm.
💡 Market Impact:
Interest rate pricing logic is being restructured, benefiting safe-haven assets;
Risk appetite is rising, and high-volatility sectors like cryptocurrency are experiencing a breathing window;
Investors should focus on structural turning points rather than getting lost in historical numbers.
The old rules are collapsing, and the future belongs to those who adjust their understanding in advance. Are you ready to capture the starting point of the next cycle when the old framework collapses?
