$ETH

$ETH
With just a bit of hope, we get some excitement. Powell's extremely hawkish rhetoric is making the entire market pay the price. After last night's FOMC meeting data release, he couldn't help but thank the "Trump administration."

Whether inflation has contracted is no longer the key basis for making policy adjustments based on objective facts, but rather based on his temperament in dealing with the Trump administration, in order to defend the so-called Federal Reserve independence and impartiality. This is a very selfish individualistic view. Using core inflation issues as the reason for contractionary policy is just a superficial excuse—this is entirely based on self-interest!