The Federal Reserve has issued three warnings in a row! U.S. stocks and gold are both falling, is the cryptocurrency world on the eve of a storm?
Last night, the Federal Reserve released a series of cold winds, causing global markets to shake:
U.S. stocks fell, gold fell, U.S. bonds fell, only the dollar rose alone.
The reason behind this is very clear: the market's bets on interest rate cuts have been doused with cold water.
Three regional Federal Reserve presidents came out in succession, all guns blazing:
Schmidt (Kansas City Fed): No rush to cut interest rates, the risk of inflation is greater by the end of the year;
Bostic (Atlanta Fed): Only expects one rate cut this year, far below the market's expectation of "two";
Harmack (Cleveland Fed): If voting now, she would definitely not support an interest rate cut.
The three speeches were back-to-back, perfectly timed just before the U.S. stock market opened, clearly a case of "premeditated expectation management."
Result: The market's expectation for a rate cut in September plummeted from 80% to 65%, before finally recovering to 70%.
And tonight at 22:00, the main event is coming as Powell will personally take the stage.
Coincidentally, the "New Federal Reserve News Agency" suddenly pushed an article stating that Powell, at 72, is still in great shape, swimming three times a week and maintaining personal training, claiming he "does not feel overwhelmed."
Brothers, on the surface, it's a health news article, but behind it is a signal:
Powell will not easily let the market lead him by the nose!
The cryptocurrency world is on the eve of a storm, and tonight one statement may be the watershed between bull and bear!
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