🌟#杰克逊霍尔年会 Weathervane: The Fed’s interest rate cut signal is clear, and the Bitcoin market rises in response!
📍 At Jackson Hole, the annual meeting that attracts the most attention in the financial industry, the market has been waiting with bated breath to speculate on the Fed’s next move. And the previous rumors have already made everyone feel the possibility of a rate cut in September.
🗣️ As expected, Federal Reserve Chairman Jerome Powell said at the meeting that "it is time to adjust policies and prepare for rate cuts", which also confirmed the market's previous speculation on rate cuts. At the same time, in response to inflation and labor data, his words also revealed prudent consideration of future economic data and prospects!
👀 Based on inflation and labor market data, Powell believes that the potential threat of rising inflation has been reduced, while uncertainty in the job market has shown an increasing trend. Therefore, he is confident that the inflation rate is returning to the sustainable target of 2%!
📉 As soon as the news came out, the Bitcoin market responded immediately, and the price soared to the sky. As of now, the price has soared to more than $63,000, showing investors' enthusiastic response to this policy change.
🔍 In this context, independent candidate Robert Kennedy's campaign in Arizona suddenly came to an end, and his next move became the new focus of the market. The market speculates that his move may bring new support to Trump and further affect the intertwined pattern of politics and economy.
💭 At the same time, Trump was not idle, announcing special guests for the Arizona rally, which made the cryptocurrency community full of expectations.
🔗 In summary, although the Fed's interest rate cut expectations have a positive impact on the Bitcoin market, investors should consider multiple factors and maintain a rational and long-term perspective when making investment decisions.
👇 So, what do you think of this wave of interest rate cut expectations and Bitcoin's rising sentiment? Will changes on the political stage affect your investment strategy? Leave your thoughts in the comment section, let us follow this drama of finance and politics together!