Holy crap! Bad news keeps piling on! Waller issues a stark warning: in the worst case, rates could go straight up by 50 bps!
The latest remarks from Fed Governor Waller have dealt the market another hawkish blow.
Even if inflation eased in October compared with September, he still supports a 25-bp rate hike in December. And if the upcoming core CPI comes in at 0.3% or higher, that could directly prompt a 50-bp hike.
The situation is clear: inflation isn't coming down, and expectations for monetary easing keep getting pushed further out. For crypto, that's a sword hanging over the market.
The market won't be weighed down by bad news forever, but don't ignore macroeconomic constraints right now. And when prices surge, don't get carried away. Keep a close eye on the upcoming CPI data.
If you often get caught chasing rallies and selling dips, and don't have a clear direction, join the chat room for trading ideas.
#CPI前瞻，12月利率走向迎关键考验 $ETH $BTC
The latest remarks from Fed Governor Waller have dealt the market another hawkish blow.
Even if inflation eased in October compared with September, he still supports a 25-bp rate hike in December. And if the upcoming core CPI comes in at 0.3% or higher, that could directly prompt a 50-bp hike.
The situation is clear: inflation isn't coming down, and expectations for monetary easing keep getting pushed further out. For crypto, that's a sword hanging over the market.
The market won't be weighed down by bad news forever, but don't ignore macroeconomic constraints right now. And when prices surge, don't get carried away. Keep a close eye on the upcoming CPI data.
If you often get caught chasing rallies and selling dips, and don't have a clear direction, join the chat room for trading ideas.
#CPI前瞻，12月利率走向迎关键考验 $ETH $BTC
