💡 The Fed's rate cut cycle has begun, don't be misled! 📉
Based on the latest CPI data, many people may be speculating whether the Fed will cut interest rates, but I think a rate cut is inevitable, and they are expected to cut interest rates several times again in the next year! 🔄The United States faces tens of trillions of debts. How can it repay without a rate cut?
Although the broad CPI has declined, it has risen slightly compared with market expectations, so the problem is not big. 🏡🍞 Housing and food prices rose significantly in September. Food is not considered core inflation. Overall, the inflation increase is the lowest in the past three years, and the data is not bad in essence.
Looking ahead, considering the inflation data, the Fed is unlikely to change its rate cut strategy in November, and a 25 basis point rate cut is still the most likely event. 📊 For the cryptocurrency market, this may mean increased liquidity, which will drive prices up, but at the same time, be wary of market volatility.
