$BTC $SYN $SOL Federal Reserve: will it raise rates in September or not? Lao Hu (Hu Xijin) said a couple of things today.
In the past two days, Wall Street and Washington have been arguing nonstop, and Lao Hu is also torn in his heart.
To be honest, the Federal Reserve is in an extremely delicate—and even difficult—position right now. Inflation data has rebounded, and hawks are clamoring to raise rates; but the squeeze that high interest rates place on the real economy and employment is also undeniable. If they push too hard, they risk breaking the bowl; if they stop too early, they worry it will all be for nothing.
Lao Hu looks at it: both views in the market have their own logic. We can’t simply slap a label on either side. In Lao Hu’s view, whether to raise rates or not are neither an absolute poison nor a cure-all. If they raise rates, it’s out of inertia to prevent inflation, so everyone needn’t panic; if they don’t, it doesn’t necessarily mean a complete end to tightening—it might just be a breather.
The macroeconomy is complicated. The Federal Reserve’s situation can change rapidly; our key is to “stay calm,” maintain resolve. As long as we don’t stir things up or get flustered, no matter how fierce the storms outside are, they will ultimately pass like a fleeting cloud.
Lao Hu believes the market will always find a balance.#比特币下跌4% #美联储加息是否已成定局 #BTC
In the past two days, Wall Street and Washington have been arguing nonstop, and Lao Hu is also torn in his heart.
To be honest, the Federal Reserve is in an extremely delicate—and even difficult—position right now. Inflation data has rebounded, and hawks are clamoring to raise rates; but the squeeze that high interest rates place on the real economy and employment is also undeniable. If they push too hard, they risk breaking the bowl; if they stop too early, they worry it will all be for nothing.
Lao Hu looks at it: both views in the market have their own logic. We can’t simply slap a label on either side. In Lao Hu’s view, whether to raise rates or not are neither an absolute poison nor a cure-all. If they raise rates, it’s out of inertia to prevent inflation, so everyone needn’t panic; if they don’t, it doesn’t necessarily mean a complete end to tightening—it might just be a breather.
The macroeconomy is complicated. The Federal Reserve’s situation can change rapidly; our key is to “stay calm,” maintain resolve. As long as we don’t stir things up or get flustered, no matter how fierce the storms outside are, they will ultimately pass like a fleeting cloud.
Lao Hu believes the market will always find a balance.#比特币下跌4% #美联储加息是否已成定局 #BTC