Federal Reserve officials said monetary policy would need to remain restrictive “for some time” to get inflation down to the Fed’s 2% target, but their unity around that language belied a continuing debate over whether to raise interest rates again this year.

“If incoming data suggest that progress on inflation is stalling or too slow to get inflation to 2 percent in a timely manner, I would still be willing to support raising the federal funds rate at a future meeting,” Fed Governor Bowman said in prepared remarks at a banking conference on Monday.

Bowman said that despite considerable progress, "inflation remains too high, and it may be appropriate to expect the (Federal Reserve) to raise interest rates further and keep them at restrictive levels for some time."

Foreign media pointed out that Bowman's remarks today showed that she did not believe that the August inflation data represented a sustainable decline in price increases, and speculated that she might be the policymaker in the dot chart who "expected the policy interest rate to be above 6% by the end of 2024."

Bitcoin, it hit a high and then fell the next day, both bulls and bears were happy during the trading session. Today it was slower, with the overall fluctuation back and forth of only more than 100 points. The idea given in the morning is still valid. It is currently falling back to test the low point connecting the support line. The price of the currency can remain above this line, and the bulls are still better. In terms of operation, it is natural to go long near the support. Go long at 27500-450 in the morning, and the suitable position has not been given during the trading session. In the face of this kind of fluctuation, it is difficult to make a profit if the position is not well positioned, so don't rush to participate. There is not much meaning in operating without making a profit.

10.3 Bitcoin trading strategy: Continue to focus on 27500 in the late trading, defend 300 points, and target 28000;

Ethereum also rose and fell overnight. Today's morning session continued to fluctuate. The current price is low, but the trend is still weak. The trend is unclear, so blind participation is not recommended. From the market perspective, the market is relatively weak, but the support below 1650/40 still exists. I predict that the market will test downwards once. For the time being, you can go short at 1675/80. If the resistance below is broken, the trend will change.

10.3 Ethereum trading strategy: short at 1675/80 in late trading, and pay attention to the test of 1645/40 below;

Contracts are risky, so be cautious when placing orders. The above analysis only represents Duan Chenbei's personal opinion. If you operate based on this, you will bear your own profits and losses! #一起来跟单 #美联储是否加息？ #注意资金安全 #带你看看币安Launchpad #BTC $BTC $ETH $BNB