$BTC

⏰⏰⏰

"On the eve of the rate cut storm: Powell's speech on Tuesday may trigger the Fed's rate cut expectations, and the market is holding its breath!"

The Fed's rate cut expectations are rising, and the market is waiting for Powell's guidance

As the public speech of Fed Chairman Powell approaches in the early hours of Tuesday Beijing time, the market's expectations for the Fed's rate cut are getting stronger.

This week, Fed officials will assess the slowdown in inflation, and the market generally expects them to send a signal of a rate cut. Although the July meeting did not directly cut interest rates, weak inflation data may prompt the Fed to hint at a rate cut in September in its policy statement.

Citi analysts predict that the Fed will send a clear signal in July, and if the economy meets expectations, the rate cut cycle may start in September. CME data shows that investors have raised the probability of a September rate cut to more than 90%.

Speeches by Fed officials such as Kugler, Waller and New York Fed President Williams this week will attract much attention, especially Waller, whose recent research on the labor market may affect policy stance.

The CPI and PPI data in June continued to slow down, providing support for loose monetary policy. Although Powell did not disclose a specific timetable, he emphasized that "more good data" will help cut interest rates.

As the PCE price index is expected to decline further, the Fed may adjust the wording of "high inflation" to pave the way for interest rate cuts.

Economists believe that the continued improvement in inflation data will enhance the Fed's confidence in cutting interest rates and promote steady economic growth. This week's remarks and data will become the focus of the market and lead the global financial trend. #美国大选如何影响加密产业？ #币安7周年 #美联储货币纪要 #美联储何时降息？ #美联储减息 $BTC