Cryptocurrency Circle Perspective: The Fed's interest rate adjustment calls have risen, and the health of the global economy has attracted attention
The Fed urgently calls: The 5.25%-5.5% interest rate range is too high, which may lead to unexpected risks! Daly warned that monetary policy is out of touch with the current economic situation, and it is time to re-examine and adjust the range. Although the labor market has slowed down, it is still resilient and not weak. This view coincides with Bostic, who is also worried about the risk of delayed interest rate cuts.
The weak employment data in July, the global economic health is full of doubts, the stock market has heard the news, and a wave of selling has risen. Daly further analyzed that companies have avoided layoffs and turned to cutting non-essential expenses to cope with the new normal after the "bubble burst", and growth is no longer unrestrained. People in the cryptocurrency circle need to pay close attention, and the Fed's movements may have a profound impact on market sentiment and capital flows.
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