Tonight, Powell's speech suddenly changed the overall battlefield of the market.
Looking at this speech, there is only one core signal: the strategy has shifted.
No longer talking incessantly about inflation, but repeatedly emphasizing GDP slowdown and employment risks.
This indicates that the Federal Reserve's balance has decisively shifted from an all-out fight against inflation to considering the need to prevent recession.
This itself may be the most fundamental dovish signal of the night, while everything else is just a disguise.$ETH
Looking at this speech, there is only one core signal: the strategy has shifted.
No longer talking incessantly about inflation, but repeatedly emphasizing GDP slowdown and employment risks.
This indicates that the Federal Reserve's balance has decisively shifted from an all-out fight against inflation to considering the need to prevent recession.
This itself may be the most fundamental dovish signal of the night, while everything else is just a disguise.$ETH
