🔥🔥Hot discussion in the cryptocurrency circle: The Fed's September rate cut is a strong indicator!
It is widely rumored that the probability of the Fed cutting interest rates by 25 points in September is as high as 77%, and the more daring expectation of a 50-point rate cut also has a support rate of 23%. Looking ahead to November, the probability of a cumulative rate cut of 50 points stands at a high of 60.1%, followed by a 75-point rate cut with a probability of 34.8%. There are even radicals betting on a 100-point rate cut, although this is only a small probability event of 5%.
This Friday, the focus of the cryptocurrency circle is on Jackson Hole, and the Fed's bigwig Powell will take the stage to speak. This speech is undoubtedly a barometer of market sentiment, especially at a time when inflation data continues to release positive signals. Powell may reiterate that inflation is steadily moving towards a moderate range of 2%, which gives the Fed the confidence to press the rate cut button in advance and support the prosperity of the job market. This statement is expected to add fuel to the interest rate cut bet in the currency circle, and also pave the way for the strong performance of digital currencies in the short term#杰克逊霍尔年会