📊 Deutsche Bank: The Fed may remain on hold for a long time? 🔍💡

After the FOMC meeting this week, Deutsche Bank released a report, which put forward several points worth paying attention to: 👇

🔑 Core view: The pace of interest rate cuts may be slower

1️⃣ Skipping in January ≠ Starting interest rate cuts

The Fed may choose to "skip" interest rate cuts in January, but this is more like an extended pause rather than a signal of interest rate cuts.

2️⃣ Interest rates may remain high

Deutsche Bank believes that the federal funds rate may remain above 4% next year, which suggests that the market's expectations of easing may need to be adjusted.

3️⃣ Long-term inflationary pressures increase

Some Fed members have begun to consider the potential impact of Trump's policies on the economy, which may push up inflation forecasts for 2025-2026.

💼 Signals from the labor market

Powell described the labor market as "solid", but also pointed out that the current level of job creation is not enough to keep the unemployment rate stable. This may mean that the Fed will be more cautious to avoid disrupting economic balance by too rapid policy adjustments.

📉 Pros and Cons for the Crypto Market:

✅ Pros:

High inflation expectations may provide support for anti-inflation assets such as Bitcoin in the long term. Monetary policy is not tight. The liquidity environment of the crypto market is relatively stable in the short term.

⚠️ Cons:

High interest rates may suppress the inflow of funds into speculative assets. The market may need more time to adapt to the slower pace of interest rate cuts, and volatility will increase.

💡 My opinion:

Although the Fed's extension of the pause in interest rate cuts seems conservative, this prudent attitude may be a wise move considering the uncertainty of the global economy. For the crypto market, short-term fluctuations are inevitable, but under inflationary pressure, long-term value is still worth looking forward to.

🌟 Investors need to be wary of the short-term impact of policy changes, while seizing the market lows, deploying high-quality assets, and preparing for the future! 🚀💰 #比特币战略储备 #灰度SUI信托基金 #美联储放鹰 #萨尔瓦多增持BTC #比特币市场波动观察 $USUAL $MOVE $CLV