The meeting has concluded, and here is the latest significant news!
What did Powell mean, is it a rate cut or an increase?
There is no definite answer; he has always been like a "weather vane".
Let's analyze the key points:
1. The economy is currently somewhat acceptable, but it is not in a satisfactory state.
2. Considering everyone's emotions, I can only say to slow down a bit and let everyone digest their feelings.
3. Be patient and wait? In fact, internally, he has already decided on a rate hike, but he cannot make a decision during this 'ant on a hot stove' period; it requires everyone to gradually accept it.
4. Gradually increase, later on, giving everyone a concept: "My eyebrow pencil has been this price for years, you say it's expensive? Why not consider the issue yourself, is it because you are not working hard enough?"
5. Does the layoff rate translate to unemployment rate? What is the reason? As those in charge implement measures, the natural business profits of companies decrease, making it difficult to support so many employees, leading to an increase in the unemployment rate.
Regardless of the emotions the market brings, we still stay well in the market; without news, we focus on technical analysis to profit, keeping up with the pace to do intraday trading, and truly seeing "profits secured".