Tonight, the Fed is about to "show its hand"!


Unchanged interest rates are already a foregone conclusion, but there are three real points to watch: First, will the policy statement remove hints of "rate cuts"? Second, will the dot plot completely erase this year's rate cut expectations? Third, how does Powell define the current situation—is it "transitory inflation" or a "prolonged battle"?
Don't forget, core PCE has already rebounded to 3.1%, and oil prices remain elevated. The inflation "tiger" hasn't been contained yet, so how much room is left for rate cuts? An even more concerning question: could rate cuts have already quietly ended without us realizing it?
All the answers will come tonight. We wait and see. $ETH
ETH-6,06%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin