The chairman of the Federal Reserve once again stated that high interest rates, which really shocked the traders in the entire financial circle‼That's why this plunge occured‼ The consensus of the Wall Street last year was that there would be a sharp rise in interest rate cuts around June this year‼
This is why I have been telling everyone not to expect too much in interest rate cuts this year.
In the macro sense, the world is at war, and the United States has lost its global hegemony. In fact, the Fed’s interest rate is the tool for the United States as the world hegemon to exploit the world, At the beginning of this year, when everyone was speculating on the interest rate cut and the surge, I throw a wet blanket on you.
The Russian-Ukrainian war, the Middle East war, and especially the rise of China, have made the Fed dare not lower interest rates. Haven’t you seen that the yen has depreciated by 50%.This is the Fed exploiting Japan through interest rates. Anyone who grasps some knowldege of macroeconomics knows that it is not an easy thing to cut interest rate this year. #BinanceLaunchpool #altcoins #BTC☀️