The Fed’s Schmid praises “interest rates are too loose”! The rate-hike camp grows again—how much longer can $BTC 7.9 million still hold up?
Today, Fed official Schmid went straight to the point: “Short-term rates are still somewhat loose, and we still have work to do.” In plain language—rates haven’t really been keeping the economy under control, inflation is still hovering at a high 3.3%, and the rate hikes are far from over. Back in the July meeting, he was already on the side supporting rate hikes. This time, his public comments are basically choosing his spot early with the hawks.
Three officials voted against a pause and to support rate hikes, and Vaš will also set the tone at Jackson Hole this Friday. The bigger the rate-hike camp gets, the tighter market liquidity expectations become. At the 7.8 million-dollar level, once the news hits, it’s easy for things to break.
Retail traders have one line: don’t go head-to-head with the Fed. When an official of Schmid’s rank throws hawkish signals, it’s not just talk. Before Vaš speaks on Friday, keep your position under control. When the rate-hike blade is hanging in the air, don’t reach out to catch falling knives.
#比特币升破8万美元创三月新高 #比特币守于7.94万美元
Today, Fed official Schmid went straight to the point: “Short-term rates are still somewhat loose, and we still have work to do.” In plain language—rates haven’t really been keeping the economy under control, inflation is still hovering at a high 3.3%, and the rate hikes are far from over. Back in the July meeting, he was already on the side supporting rate hikes. This time, his public comments are basically choosing his spot early with the hawks.
Three officials voted against a pause and to support rate hikes, and Vaš will also set the tone at Jackson Hole this Friday. The bigger the rate-hike camp gets, the tighter market liquidity expectations become. At the 7.8 million-dollar level, once the news hits, it’s easy for things to break.
Retail traders have one line: don’t go head-to-head with the Fed. When an official of Schmid’s rank throws hawkish signals, it’s not just talk. Before Vaš speaks on Friday, keep your position under control. When the rate-hike blade is hanging in the air, don’t reach out to catch falling knives.
#比特币升破8万美元创三月新高 #比特币守于7.94万美元
