This week, everyone in the financial circle is focused on one thing - the Federal Reserve Chairman Powell is going to give his last speech at the Jackson Hole annual meeting! 🫢 It's important to note that this is not an ordinary speech; every time he speaks, the market reacts like a roller coaster!
Now the entire cryptocurrency circle is also super tense, why? Because if he leans dovish (hints at a rate cut), Bitcoin might soar; but if he suddenly turns hawkish (says no rate cut), it could lead to another wave of bloodshed...
Let's take a look at the historical data; it's a bit scary: in the past 7 times he spoke, the US stock market fell, the dollar rose, and bond yields soared, with the worst being in 2022, when he said 'fighting inflation will hurt', the S&P 500 plummeted by 12%! 😱 Although inflation has come down a bit this year, it is still above the Federal Reserve's target.
Now the market bets that the probability of a rate cut has surged to 85%, it's like opening a blind box! Moreover, this is his last speech in this setting; will he want to make a big move? Leave some mark during his term? Or simply not follow the usual script?
Trump is still crazily @-ing him to call for a rate cut, the pressure is mounting... Will Powell finally give in? Will there be a cut in September? 🤔 In a word: buckle up, hold onto your assets, volatility might be coming!
Follow me for real-time updates, let's calmly watch the drama and make smart decisions together! 💪$BTC $ETH $SOL #BNB创新高 #名人MEME热潮 #杰克逊霍尔会议 #美联储7月会议纪要 #加密市场回调
