“Understands-it-all” is preparing to impose a 90-day ban on diesel exports, and the domestic average price has already hit $6.52 per gallon.
In plain terms, inflation can’t be held back, so they’ll first administratively pressure domestic fuel prices. But with exports banned, global diesel supply will tighten further—partners will be furious, and inflation expectations will keep swinging back and forth.
A Fed rate cut is even less likely to happen; for BTC, short-term moves can only continue to ride along with macro data like a roller coaster.
$BTC #宏观 #Energy
In plain terms, inflation can’t be held back, so they’ll first administratively pressure domestic fuel prices. But with exports banned, global diesel supply will tighten further—partners will be furious, and inflation expectations will keep swinging back and forth.
A Fed rate cut is even less likely to happen; for BTC, short-term moves can only continue to ride along with macro data like a roller coaster.
$BTC #宏观 #Energy
