Interpretation of Powell's Speech:
Blame Shifter: Don't put the inflation blame on me; it's all due to Trump's tariff policy. But I don't care what tricks he pulls; I only focus on the final data to decide whether to cut interest rates. As for the government debt reaching the ceiling? Not my problem!
Self-Indulgent: The inflation data is barely acceptable, the job market is nearly saturated, and the economy looks stable on the surface—I'd give myself a score of 90 for this report card.
Hidden Concerns: But damn, the tariff rates are tougher than expected, and it might push inflation higher for a long time, which really bothers me.
Tai Chi Master: How bad does the job market have to be before cutting rates? God knows! I want to see which is dragging more—inflation or employment—and how long it takes for them to meet the standards. For now? I'll keep you all in suspense.
Sitting Pretty: Anyway, the job market is strong right now, and the economy isn't collapsing. Negative GDP growth in the first quarter? That's just the import data causing trouble; don't scare me with that. I'll just sit back and watch the White House perform.
Negotiation Scapegoat: I won't make a statement until the trade war has results! You don't even have a draft agreement; how can I assess the impact on inflation? So for now—no comment!
Not My Concern: The sharp drop in cargo volume at Chinese ports has nothing to do with me? Trade negotiations are stalled? That's a mess for the State Council! I’m only responsible for adjusting demand with interest rates; go cry to Trump about the supply chain issues!
FOMC Statement:
Interest Rate Decision: Unanimously approved to stay put, with an interest rate of 4.25%-4.5% for another three months, making this the third time being a couch potato.
Job Market: The unemployment rate is no longer partying; workers are temporarily safe.
Balance Sheet Reduction Plan: Continuing to sell government bonds and mortgage-backed securities as per the old rules, with no stopping in sight.
Inflation Warning: Prices are still damn high, and now both sides' risks have increased—either an explosion in unemployment or skyrocketing inflation.
Economic Judgment: Although foreign trade data is erratic, the economy is still pressing on the gas. However, visibility ahead is getting worse, so everyone, buckle up.
As the market continues to change, we must closely monitor market signals and seize new entry opportunities. Like and leave a message, and I'll take you through the bull market to seize this major opportunity!
Today's focus: ETH LTC KAITO BTC
