Yesterday, the Federal Reserve announced a 25 basis point rate cut again. Heh, it's not really useful because the market had already digested the benefits of this rate cut. The reason for this decline is mainly due to Powell's hawkish remarks.

At the press conference following the interest rate meeting, Powell said that through this rate cut, we have lowered the policy rate by a full percentage point from its peak, and now our policy stance is not as tight. Therefore, when considering further adjustments to the policy rate, we can be more cautious. If the economy remains strong and inflation does not continue to move towards the 2% target, we may slow down policy adjustments.

Powell also mentioned that interest rates are still “meaningfully” suppressing economic activity, and the Federal Reserve is “on track to continue cutting rates.” However, further rate cuts can only occur if we see more progress on inflation. The Federal Reserve has also adjusted their expectations for the number of rate cuts in 2025, indicating that they are more cautious about the pace of further cuts.

According to the latest dot plot, the Federal Reserve expects to cut rates 2 times in 2025, totaling 50 basis points, which is far lower than the 4 cuts predicted in September. This has had a certain impact on market sentiment and expectations for rate cuts. #美联储放鹰 #加密市场回调 #市场调整後的机会？ #加密用户突破1800万