This week, the Fed's balance sheet decreased by $15.8 billion, reflecting the fine-tuning of its monetary policy.
Fed Chairman Williams' remarks:
The latest macroeconomic data brings us one step closer to deflation, which is what we are pursuing.
Fed Chairman Daly's views:
Before supporting a rate cut, I expect to see a downward trend in the inflation rate.
Fed Chairman Goolsbee's analysis:
Inflation data has performed well for several months, and although the struggle is not over, our confidence in deflation is strengthening.
Bloomberg report:
The Fed plans to cut interest rates in September because J. Powell is now more focused on the labor market.#CryptozIMF forecast:
The Fed is not suitable to cut interest rates before the end of 2024. Taxes should be increased to slow the growth of the national debt.
📌 Market expectations #Fedrate):
July 31: Expected to maintain the status quo. September 18: Expected to cut interest rates by 25 basis points, with interest rates rising to 5.00-5.25%. November 7: Expected to cut interest rates by another 25 basis points, adjusting the interest rate to 4.75-5.00%. December 18: Expected to cut interest rates by another 25 basis points, reducing the interest rate to 4.50-4.75%. January 29, 2025: Expectations remain unchanged. $BTC
#BinanceTurns7 #BinanceHODLerBANANA #ETH_ETF_Approval_23July #VanEck_SOL_ETFS
