The Federal Reserve has just implemented a 25-basis-point rate hike, lifting the benchmark interest rate range to 3.75%–4.00%. This is also the first time it has resumed rate hikes since 2023, and it further signaled a tendency to keep tightening.
Only a few hours have passed since the decision was reached, and Trump has already publicly called for it on social media, hoping to quickly push U.S. interest rates down to 1% or even lower!
If we use the current lower bound of interest rates, there is a difference of as much as 275 basis points between the two.
On one side, the Fed is still prioritizing combating inflation and leaning toward continued tightening; on the other, the White House is urging an immediate rate cut. Divergence within the U.S. over monetary policy is now being laid bare.
But we should clarify one thing: Trump himself has no authority to directly change the benchmark interest rate. Ultimately, the decision-making power on where rates go still lies with the FOMC.
When applied to BTC futures, what truly matters for the short-term trading landscape is still the Fed’s subsequent actual path for interest rates, as well as the disruptions brought by the U.S. dollar and Treasury yields.
With a viewpoint conflict as large as 275 basis points, the market’s expectations for rates will certainly swing back and forth, and volatility will be further amplified. The key is to keep a close watch on when the market starts pricing in expectations for the next round of rate hikes or rate cuts again!#美联储加息是否已成定局 #美联储加息25基点美股收跌 $BTC #比特币ETF净流出4.5亿美元
Only a few hours have passed since the decision was reached, and Trump has already publicly called for it on social media, hoping to quickly push U.S. interest rates down to 1% or even lower!
If we use the current lower bound of interest rates, there is a difference of as much as 275 basis points between the two.
On one side, the Fed is still prioritizing combating inflation and leaning toward continued tightening; on the other, the White House is urging an immediate rate cut. Divergence within the U.S. over monetary policy is now being laid bare.
But we should clarify one thing: Trump himself has no authority to directly change the benchmark interest rate. Ultimately, the decision-making power on where rates go still lies with the FOMC.
When applied to BTC futures, what truly matters for the short-term trading landscape is still the Fed’s subsequent actual path for interest rates, as well as the disruptions brought by the U.S. dollar and Treasury yields.
With a viewpoint conflict as large as 275 basis points, the market’s expectations for rates will certainly swing back and forth, and volatility will be further amplified. The key is to keep a close watch on when the market starts pricing in expectations for the next round of rate hikes or rate cuts again!#美联储加息是否已成定局 #美联储加息25基点美股收跌 $BTC #比特币ETF净流出4.5亿美元
