Waller is leaning toward keeping interest rates unchanged at the Fed meeting on September 16, if August inflation continues to cool.
Compared with July, Waller’s stance has become less hawkish. With the U.S. economy and labor market still in good shape, he will focus on inflation data to make a decision.
The CPI 🇺🇸 for August on September 11 will be a key marker: • Continuing to move closer to the 2% target -> Keep interest rates unchanged. • Higher than expected -> Slightly raise interest rates.
The probability of the Fed raising interest rates in September has already dropped from 66% → 54%.$ #TinFed
Financial history has a strange but regular habit: Whenever there are major fluctuations in currency globally, smart money doesn't jump straight into Bitcoin. It will 'pause' at gold first as a safe haven. And then, when gold starts to rise sharply like it is now, it signals that something is coming. 💰 Gold has just reached a historical peak. Central banks around the world are quietly accumulating gold. Global tensions are rising, risks are increasing. The influx of money into gold is understandable.