Last night, the U.S.’s “small non-farm payrolls” in December fell short of expectations.

People familiar with the matter: Trump is considering declaring a national economic emergency in order to impose a large number of widespread tariffs, causing global bonds to continue to sell off, the dollar index was boosted, and finally closed higher

Fed officials adopted a new stance on rate cuts in December, deciding to slow down the pace in the coming months.

The committee said it was at or nearing a stage where it would be appropriate to slow down the pace of policy easing. Many participants said various factors underscored the need for cautious monetary policy decisions in the coming quarters.

There are two voices for the Federal Reserve to cut interest rates:

1. The minutes of the Federal Reserve meeting stated that the unemployment rate is expected to rise slightly. Taking into account the upcoming meeting at the end of this month, officials believe that based on their current outlook for economic activity, the Fed is likely to continue to operate at a faster pace than in recent months. Rate cuts at a slow pace.

2. Fed Governor Waller said he supports further interest rate cuts this year. It is not believed to be significantly affected by the new government's implementation of "harsh" tariff policies. However, policies related to the new government may increase the risk of price pressure.

Whether the interest rate cut at the end of this month is as expected or lower than expected? Youmi believes that we need to pay attention to the release of subsequent CPI data and market macro trends.

Today, the U.S. stock market will be closed for one day in memory of former President Carter.

Youmi believes that there are two reasons for the market crash in the past two days:

First, due to Trump’s heavy pressure on tariff policies and a series of considerations

The second reason is that 6.5 billion US dollars of BTC in the United States have been approved for sale. After all, Trump promised not to sell it. It feels like it violates Trump’s rhetoric about Bitcoin reserves. However, after all, Trump had not yet taken office when the incident occurred and could not interfere. We don’t know the specific time and cannot study it.

Although everyone is not confident about Trump's Bitcoin reserves, they still have expectations. #比特币价格走势分析 #加密市场回调