April Data Explosion! Federal Reserve Urgently Adjusts Monetary Policy
Has the era of low interest rates in the United States come to an end? Will inflation continue in the U.S. or will there be unexpected deflation?
On May 15 local time, Federal Reserve Chairman Powell delivered a speech at the Second Thomas Laubach Research Conference. Powell stated that future inflation may be more volatile, and the U.S. may be entering a period of more frequent supply shocks that last longer, which poses a daunting challenge for the economy and the central bank.
Since Bitcoin hit 103,000, it has seen almost no fluctuations, and everyone is waiting for a black swan event to act as a market catalyst to ignite market sentiment.
U.S. President Trump stated on Friday in the UAE during a meeting with business executives that the U.S. may unilaterally set new tariff rates on many trade partners instead of reaching agreements with all trade partners. One must admit that Trump knows how to handle things well.
The market currently seems very calm and is in a pullback, but the more it appears this way, the more caution is needed. Any fluctuations in the market will be communicated in small circles.
