Tonight at two o'clock in the morning, it's Powell's personal show again. The market generally expects that the rate hike pause button will continue this time. But the current situation is quite awkward; oil prices have surged into triple digits, and employment and inflation data are still at odds. It's becoming increasingly difficult for old Powell to balance this situation.
Everyone shouldn't just focus on that little fluctuation in interest rates; the core focus is on the dot plot and old Powell's hints about the future path. If he still clings to the 'longer and higher' tightening logic, risk assets may have to retract. This wave is a typical scenario just before the macro boots hit the ground; the funds in the market are holding their breath, and extreme price movements are most likely to occur when liquidity is tightly balanced. Are you all preparing to stay up late to watch the live broadcast, or are you just going to place orders and sleep? #FED #Macro #Cryptocurrency #鲍威尔 $BTC $ETH

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