🔊🔊Breaking news🔊🔊

🚀🚀A very good news is coming🚀🚀

Fed Powell gave a very dovish expectation of interest rate cuts at the second congressional hearing that ended last night

A congressman asked: Mr. Powell, the Fed has repeatedly emphasized that your policy goal is to reduce inflation to 2%. So, do you have to see CPI and PCE reach 2% before you start to cut interest rates?

Mr. Powell said: There is no need for the entire CPI and inflation to fall. It has inertia. If I see 2% before cutting interest rates, then due to inertia, inflation will continue to rush down. If it breaks through 2%, it will be lower than my target, so I don’t need to see 2% to cut interest rates in advance

The US PCE last month has reached 2.6%, so from 2.6% for the next two months, that is, until September. It can give him enough confidence to cut interest rates

After Mr. Bao finished speaking, the next question from the MP was more direct

The MP asked: If you don't need to see 2% to cut interest rates, Mr. Bao, will it be cut in July or September❓

Wow, this multiple-choice question directly points out the timing of the expected interest rate cut in Mr. Bao's mind

Mr. Bao did not deny it, Mr. Bao did not say that the expectation was too optimistic, and Mr. Bao played Tai Chi☯️, Mr. Bao said: Oh, how can I give a specific time for the interest rate cut now, I can't say it

But don't be afraid, Brother Mao has told you many times that Mr. Bao is afraid of leaking secrets in advance, causing the market to enter a second inflation rebound again, but ah, his statement is enough to give everyone confidence, Brother Mao analyzed that the September interest rate cut is almost a foregone conclusion.

Sure enough, after Mr. Bao released his dovish stance today, the US dollar plunged directly, the three major US stock indexes all rose, and commodities rose straight up

The September interest rate cut is coming, and the window has been opened. How will the remaining two months of interest rate cut transactions be arranged? I will give you a detailed explanation in the community. Brother Mao has actually laid out the plan a long time ago. He is still holding a profit of more than 100 points. He also constantly emphasizes that every decline in the recent market is an opportunity to increase positions or get on board. At present, it has fallen from the recent high of 3151 last night to 3054. Doesn’t this mean that the opportunity to increase positions will come soon? Follow Brother Mao to share real-time strategy data and views every day. #CPI数据 #美联储何时降息？ #币安7周年 #美国6月非农数据高于预期 #ETH🔥🔥🔥🔥