Sure enough!!!
What is coming is finally coming!!!
The stock market continues to plunge, sending out more uncertain signals.
Although yesterday's CPI data seems positive, the Fed remains cautious about it, believing that it is just an accidental phenomenon. At the press conference, Powell made it clear that more solid data is needed to be sure that inflation has really eased. Affected by this, the market trend immediately fell.
From the dot plot after the Fed meeting, it can be seen that no voter believes that there will be three interest rate cuts this year. Most voters expect one to two interest rate cuts this year, and 80% of them believe that there will only be one interest rate cut. Such expectations make the market worry about whether it will usher in a difficult period. Many altcoins have fluctuated sharply, which is dazzling.
At present, in addition to some investment opportunities in new coins, the prospects of other altcoins are indeed worrying. It should be noted that even if interest rates are cut, it does not mean that the market will rebound immediately. The economic data in the next two months will determine the direction and success of the market. Investors need to be cautious and pay close attention to market dynamics.
As a senior cryptocurrency investor, I share my experience and insights for free. Are you interested in the cryptocurrency world but don't know where to start? Follow me and visit my homepage to help you achieve freedom in this bull market. #美联储连续第七次维持基准利率不变 #美国5月CPI超预期回落 #美联储何时降息?