Powell basically said three things yesterday, don't get confused by all the bureaucratic jargon. Let me translate it into the most straightforward terms for you——



First, the economy hasn't collapsed yet, no rush to rescue it.
It's simple: America can still hang on right now, unemployment hasn't exploded, consumption is still going, and businesses haven't given up.
So you're expecting him to immediately cut rates to "save the market"? Sorry, not necessary.

Second, inflation is still causing trouble, can't control it.
Inflation expectations are being adjusted upward this year, oil prices, tariffs, service sector, all making things worse.
Bottom line: prices still aren't cooperating, and flooding the market now would be like punching yourself in the face.

Third, stop dreaming about rate cuts.
Interest rates stay frozen in place, and the internal attitude isn't dovish either——
Some people think no cuts, some think at most one cut, very few are really optimistic.
The message is clear: waiting for massive liquidity easing? Keep waiting.

The core message in one sentence:
It's not about continuing to hike rates, it's——
high rates are here to stay.

Who suffers the most?
BTC, AI stocks, growth stocks, all living off "liquidity," now it's like being starved by cut expectations.

What markets fear most isn't bad news,
it's——thinking you were about to get candy, then the candy gets taken away.

Finally, let me give you the plain truth summary: Powell isn't trying to scare people, he's saying: "The food isn't ready yet, can't turn off the heat, you'll have to stay hungry for now."
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