May 15th, the nominal transfer of power was completed, but the real game has just begun. Powell stepping down as chairman but remaining as a board member is like "retreating to a secondary position but not stepping down"!



The strong-willed Waller rose to power with a completely different policy gene. The shadow of the old forces is still there, the new forces' swords are already drawn, and the two forces coexist in the same room. From now on, there will be no unified expectations within the Federal Reserve, and the boundaries between dovish and hawkish will be completely disrupted! Every future policy meeting could be a battle between bulls and bears, but the biggest risk is not rate hikes or cuts, but unpredictable swings. The storm is really coming!
BTC-0.9%
ETH-2.29%
SOL-1.43%
View Original
post-image
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