#fomc会议
🔄 山寨轮动快，进群盯节奏
The Fed left interest rates unchanged this time.
The range remains 3.75% to 4%.
The vote was 10 to 2.
Both dissenting votes called for a 25-basis-point hike.
The statement upgraded its assessment of the economy to strong.
Inflation was still described as elevated.
Warsh gave no guidance for December.
The S&P 500, meanwhile, rose for three straight days.
Markets read the decision as hawkish.
Rates held steady, but the door to a hike remains open.
The median dot-plot projection was unchanged.
The dissenting votes laid bare the policymakers’ divisions.
Such internal splits usually affect the yield curve before the decision itself.
The 2-year yield has already become a leading indicator.
The pace of balance-sheet reduction was also unchanged.
Liquidity levels are worth watching more closely than rates themselves.
For crypto, pressure on the denominator side has yet to ease.
If rates don’t come down, leveraged funds won’t dare stay for long.
When the dollar strengthens, altcoins are the first to lose their upside.
The December meeting will be the turning point.
The current rebound looks more like a sentiment recovery during a lull.
The Treasury term premium is still rising.
That makes it hard for the denominator of risk assets to stabilize.
This matters more than sentiment.
Do you think rates will go up in December? Share your thoughts in the comments.
🔄 山寨轮动快，进群盯节奏
The Fed left interest rates unchanged this time.
The range remains 3.75% to 4%.
The vote was 10 to 2.
Both dissenting votes called for a 25-basis-point hike.
The statement upgraded its assessment of the economy to strong.
Inflation was still described as elevated.
Warsh gave no guidance for December.
The S&P 500, meanwhile, rose for three straight days.
Markets read the decision as hawkish.
Rates held steady, but the door to a hike remains open.
The median dot-plot projection was unchanged.
The dissenting votes laid bare the policymakers’ divisions.
Such internal splits usually affect the yield curve before the decision itself.
The 2-year yield has already become a leading indicator.
The pace of balance-sheet reduction was also unchanged.
Liquidity levels are worth watching more closely than rates themselves.
For crypto, pressure on the denominator side has yet to ease.
If rates don’t come down, leveraged funds won’t dare stay for long.
When the dollar strengthens, altcoins are the first to lose their upside.
The December meeting will be the turning point.
The current rebound looks more like a sentiment recovery during a lull.
The Treasury term premium is still rising.
That makes it hard for the denominator of risk assets to stabilize.
This matters more than sentiment.
Do you think rates will go up in December? Share your thoughts in the comments.
