Just took a quick look—Fed Chair Hamak (or HarmaK) is making more remarks again at Jackson Hole.
She said yesterday’s PCE data was basically in line with expectations, and then she came right out with: “It’s time to take action now.”
What does that mean? Plainly put, inflation is still a long way from 2%. In her view, current interest rates simply aren’t restrictive enough, and financial markets don’t seem to be feeling much pressure either.
Don’t forget: at last month’s meeting, she voted against it, and kept insisting on raising rates by 25 basis points.
This time, the hawkish tone is pretty strong, right? The market reacted immediately—now the probability of a rate hike in September is close to 40%.👀
For our crypto circle, this isn’t good news. When the U.S. dollar strengthens, risk assets tend to get hit—that’s a script we all know.
Markets can flip faster than turning pages, so don’t load up too heavily; use leverage cautiously. If you can hold out, there’s something to be made—don’t rush into it.🤞
$MOVR
$MAGMA
#美元创近四周最大涨幅
She said yesterday’s PCE data was basically in line with expectations, and then she came right out with: “It’s time to take action now.”
What does that mean? Plainly put, inflation is still a long way from 2%. In her view, current interest rates simply aren’t restrictive enough, and financial markets don’t seem to be feeling much pressure either.
Don’t forget: at last month’s meeting, she voted against it, and kept insisting on raising rates by 25 basis points.
This time, the hawkish tone is pretty strong, right? The market reacted immediately—now the probability of a rate hike in September is close to 40%.👀
For our crypto circle, this isn’t good news. When the U.S. dollar strengthens, risk assets tend to get hit—that’s a script we all know.
Markets can flip faster than turning pages, so don’t load up too heavily; use leverage cautiously. If you can hold out, there’s something to be made—don’t rush into it.🤞
$MOVR
$MAGMA
#美元创近四周最大涨幅