Atlanta Federal Reserve's Bostic reiterated that he believes a rate cut this year is appropriate, although this may change based on inflation and the labor market situation. "I believe that, although price stability remains a top priority, the labor market has slowed to a sufficient extent, so some easing policies (possibly a rate cut of around 25 basis points) will be appropriate for the remainder of the year." "The situation may change depending on the trajectory of inflation and the evolution of the labor market in the coming months." On inflation, Bostic stated that he remains concerned about the lasting impact of tariffs on prices. "I still believe that the impact of tariffs on prices will not dissipate quickly, and in fact, it will not fully manifest for several months. I will not be complacent, simply assuming that expectations will remain stable and that there will not be another outbreak of inflation. The continuous depreciation of the dollar and the ongoing prosperity of the cryptocurrency market."
On April 13, Bridgewater Associates founder Ray Dalio stated in an interview that the United States is on the brink of economic recession and that even worse situations may arise. Dalio remarked that Trump's tariff policies have been "very destructive so far." He described the initial implementation of these policies as "throwing stones into the production system." He believes these tariffs will have a "massive impact on global efficiency." Dalio indicated that the current situation resembles the 1930s: we are in a period of significant change akin to that of the 1930s, including potential collapses of monetary systems, governance systems, and international systems. The U.S. is currently close to an economic recession and worries that if mishandled, it could result in consequences "worse than a recession." The greatest risk is a collapse of the monetary system: if debt is too high and fiscal deficits are uncontrollable, the U.S. dollar as a "store of value" may lose trust, leading to financial turmoil. If monetary instability, domestic political division, and international conflict occur simultaneously, it could result in consequences more severe than the collapse of the monetary system in 1971 or the financial crisis in 2008.
Brothers, don't go long on BTC in the near future, even if you are shorting, don't touch it. The recent market is volatile, and it will definitely break the new low of 78258 in the near future. After breaking it, it will not be too late to go long when it stabilizes. #加密市场回调