Here we go again! The Federal Reserve has once again stubbornly kept interest rates welded to a scalding high of 4.25%-4.5% for the fifth time. The official statements are as long-winded and stinky as a rolled-up foot binding cloth—Inflation? Still sticking around! Employment? Stubbornly claiming it's 'stable'! Economy? Hey, they can't even hold back the admission that it's 'sluggish'! That little growth in the first half of the year has deflated like a leaking balloon. The most embarrassing part is that last time they boasted about 'steady expansion,' and this time they have sheepishly switched to 'slowdown.' What a slap in the face; can you believe they're hitting themselves?
But the most explosive part is yet to come! Two fierce characters emerged from the voting booth—Bowman and Waller. They aren’t playing games; they slammed the table and shouted: 'What are we waiting for? Lower it now! Cut 25 basis points immediately!' Wow, this isn't just a dissenting vote; this is overturning the table in public! They ripped apart the Federal Reserve's convenient cover of 'unity,' exposing a festering sore that has long been in chaos. Even their own people can't stand this stubbornness over interest rates!
The entire statement sounds like a repetitive mantra. 'Maximum employment,' '2% inflation target' shouted loudly, while phrases like 'prudent analysis' and 'sustained monitoring' make ears sore. Bah! The slogans are loud, but the actions are cowardly! Using 'high uncertainty' as a universal shield, when the economic engine is already belching black smoke, they still pretend to be blind? This isn't prudence; it's cowardice! It's naked inaction! Can chanting mantras bring down prices? Can it protect the people's livelihoods?
Open your eyes and look at the nonsense you've released:
The wild donkey of prices cannot be held back: Inflation is still partying above 2%! When the common people go to the supermarket, their hearts bleed, and their wallets are being painfully sliced by this silent knife!
The economy is running out of breath: The steps taken in the first half of the year were as shaky as an elderly person, trembling and unsteady. The official words can’t hold up anymore and can only admit defeat by saying 'slowdown.' Net exports are acting like a wild card, a ticking time bomb that could explode at any moment!
'Stable employment' is just a joke? Still shamelessly boasting about low unemployment and stable jobs? With the economy in this bad shape, do you really think employment can survive on its own? Are you kidding?! This 'stability' is probably made of paper and would fall over with a gust of wind?
Bowman and Waller's urgent shout for 'immediate rate cuts' is like dropping a bomb in a stagnant pond! This dissenting vote carries too much weight; it's like pointing at the podium and cursing: you fools are playing with fire! Is the signal not clear enough? There are people in the Federal Reserve's inner circle who are starting to panic! They’ve seen through it: clinging to high interest rates is more deadly than inflation itself! These high rates are a noose around the necks of businesses and the common people! The longer you hold on, the more people will struggle to breathe! Still not letting go? Are you just waiting to collect the corpses?
The Federal Reserve's current state is like a fool bound by its own rules! They’re fixated on that 2% inflation number, completely obsessed! The economy is clearly sliding downwards, yet they stubbornly cling to their interest rate hike strategy without letting go? Isn’t this seeking a sword in the boat? It’s so foolish it makes one’s heart ache! The arrogance of the technocrats has blinded them to the dire suffering of the common people being roasted back and forth by high prices and the fear of unemployment! Their 'patience'? It’s the cold cruelty of a dull knife cutting flesh!
The most frustrating thing is that sticky 'actionability'! The statement is stuffed with phrases like 'assessing whether and when' and 'adjusting as appropriate'—such nonsense literature. When it's time to make a decision, they act cowardly like a quail! They even get distracted trying to do something about balance sheet reduction (selling government bonds and mortgage-backed securities), failing to distinguish what’s important and what’s secondary; is their brain flooded? Right now, the most important thing is to keep the economic ship from sinking! Can't we wait a bit for that insignificant balance sheet reduction? Decision-making is in such chaos, leaving the market on edge; what kind of game is this?
(This part omits 800 words of sharp analysis on the Federal Reserve's bureaucratic system, interest games, and disconnection from the people... Those who understand, understand; saying too much will get the account banned.)
I’ll ask a heart-wrenching question:
Federal Reserve bigwigs, is your office air conditioning set too high, leaving your brains frozen? The common people can barely lift their grocery bags, small business owners are losing handfuls of hair in worry, and you are still here with your 'prudent analysis' and 'patient waiting'? Waiting for what? For the economy to cool down completely so you can hold a memorial service for it? Powell, have your steak prices increased recently? Waller and Bowman are shouting for help; are you really deaf or just pretending to be?! If this interest rate guillotine isn’t lifted soon, who knows who will be the next to lose their job?#美联储利率决议 $BTC