"Wall Street Journal Exclusive: Powell releases rate-cut rocket, market boiling!" 🚀🚀🚀
Holding the pulse of the market, Fed Chairman Powell has just ignited the rate-cut rocket! 🎉 He made it clear that it is time to adjust policy to avoid further weakness in the U.S. labor market. In his speech on Friday, Powell firmly declared: "A further cooling of labor market conditions is not sought or welcomed." The market generally predicts that the Fed will take rate cuts at its September meeting.
In stark contrast to his attitude after the last meeting, Powell now seems to have enough data to support his decision. For the currency circle, this usually means an increase in money supply and enhanced liquidity, which may attract more capital inflows and drive up the price of digital currencies.
However, rate cuts may also trigger concerns about the economic outlook, making investors more cautious. Powell's rate cut signal will undoubtedly have a significant impact on the future trend of the currency circle.
Investors, are you ready for the new wave of the market? Powell's rate cut rocket has been launched, let us wait and see how it will change the landscape of the financial market! 🌟🌟🌟 #美联储何时降息? #鲍威尔 $BTC $ETH $BNB