#美国CPI公布后降息预期上升

In the early hours of this morning, Federal Reserve Chairman Powell made some high-profile remarks. He made it clear that he was "in no rush to cut interest rates." This hawkish stance immediately triggered a chain reaction in the financial market, especially the cryptocurrency market, which showed a volatile trend. Intensified. According to CME's "Fed Watch" tool, the market is divided on the future policy direction of the Federal Reserve: By December, the probability of keeping current interest rates unchanged is 41.3%, while the probability of a cumulative 25 basis point interest rate cut is as high as 58.7%. Looking forward to January next year, the probability of maintaining the status quo has dropped to 29%, and the probability of a cumulative 25 basis point interest rate cut has risen to 53.6%. At the same time, the probability of a cumulative 50 basis point interest rate cut cannot be ignored, reaching 17.6%. Powell's remarks undoubtedly added more uncertainty to the market.

Affected by this, the U.S. dollar index continued its upward momentum, breaking through the 107 mark in one fell swoop, standing firmly near the high point in two years. In contrast, the cryptocurrency market looks bleak, with more declines and less rises making investors worried. Bitcoin, as the leader of the cryptocurrency market, was not immune to the disaster and lost the key price of $88,000, showing a sideways consolidation trend. This situation may be suggesting that the market is about to make a key directional decision.