👜 General economic situation:
- The U.S. economy remains strong.
- The slowdown in growth is linked to reduced consumer spending.
- The GDP came in almost in line with expectations, despite fluctuations in net exports.
- Multiple indicators suggest a general economic slowdown.
📈 Inflation and expectations:
- Inflation is above the set target.
- The Personal Consumption Expenditures Index is expected to rise by 2.5%, and core inflation by 2.7% over 12 months until June.
- Compensatory inflation reflects previous pressures.
- Most long-term inflation indicators align with the Federal Reserve's targets.
🧮 Monetary policy and interest rates:
- Interest rates have been stabilized for the fifth consecutive time.
- No decision has been made regarding the September meeting.
- Two Federal Reserve members voted in favor of lowering interest rates.
- The current monetary policy is considered appropriate to respond to inflation.
- The monetary policy review is ongoing until late summer.
🤖 Labor market:
- The unemployment rate is low and remains within a narrow range.
- The labor market is stable and approaching maximum employment.
- A slowdown in job creation is met with a decrease in labor supply.
- There are no clear signs of weakness, but there are potential negative risks.
🙄 Tariffs and their effects:
- The effects of tariffs are starting to show in consumer prices.
- Its broader impact remains uncertain and needs experimental monitoring.
- Fees generate revenues of $30 billion monthly.
- Some companies benefit from these tariffs, while their costs have not yet been fully passed on to consumers.
💬 Additional statements:
- Trump's visit to the Federal Reserve was unusual but good.
- The dollar was not a focus of discussion, and the Treasury Department is responsible for it.
- The cost of interest to the government is not accounted for in the decisions.
- We aim to make the right decision at the right time without haste or delay.
😀 Market reaction:
- The dollar index has risen to its highest level in two months.
- Wall Street indicators dropped, and the Dow Jones lost more than 200 points.
- Bitcoin dropped by more than 5% after Powell's statements, affected by the Federal Reserve's refusal to store it as a reserve asset.
- Gulf central banks have stabilized interest rates following the Federal Reserve's decision.
🤩 Brief analysis and actual impact;
⚡️ Powell's statements were like a spark: they raised the dollar, shook the markets, and lowered Bitcoin.
⚡️ All of this happened immediately after his words, highlighting the weight of his influence in the economic scene. Stabilizing interest rates was a relatively calming factor, but the message was clear… We are at a critical stage.
⚠️ As previously warned, the decline continues without strong signs of the correction ending, and each day confirms the early vision.
Wisdom now; do not be swept away by greed, and absorb the signals before it is too late. 📊$BTC
#WhiteHouseDigitalAssetReport #FOMCMeeting #EthereumTurns10 #BinanceHODLerTree #ETHCorporateReserves
