CoinVoice has recently learned that The Kobeissi Letter has published the latest market analysis on the X platform, stating that Federal Reserve Chair Powell has actually yielded, and the Federal Reserve will cut interest rates in a month, attributing it to "weak labor market."
Meanwhile, the PPI inflation rate has reached its highest increase in three years, and the CPI inflation rate has been above 2% for 53 consecutive months. At this point, failing to hold assets will result in lagging behind the market.
To better understand what is happening, one must first understand the Federal Reserve's responsibilities: the Federal Reserve's purpose is to reduce unemployment and avoid inflation/deflation, which is the Federal Reserve's "dual mandate."
Since 2021, the Federal Reserve has been highly focused on inflation. However, Federal Reserve Chair Powell's speech on Friday marked a significant shift: "Changes in the balance of risks may require us to adjust our policy stance." In other words, the Federal Reserve now believes that the risk of unemployment is greater than that of inflation, which almost confirms that interest rate cuts are imminent. [Original link]