#议息会议
The Federal Reserve meeting has already started today, and the decision will be announced tomorrow night. It is a foregone conclusion that interest rates will be maintained, but the important question is whether Powell's speech will be dovish or hawkish.
Currently, the U.S. economy is still in the realm of a soft landing, with recent performance in consumption and the service industry being good, while manufacturing continues to be below the boom-bust line. The Fed's decision is expected to reflect an unemployment rate of 4.4% and a December inflation CPI of 2.7%, indicating structural stickiness.
In other words, the threshold for continuing to cut interest rates is relatively high. According to Nick's latest tweet, "Effective control of inflation and worsening employment, neither has been observed."
Therefore, tomorrow's Fed decision is expected to be relatively hawkish, with concerns about declining unemployment easing, while Powell's speech is likely to be dovish, continuing to give the market some hope (2 rate cuts).
What does everyone think? The market is also watching closely.
$BTC
{spot}(BTCUSDT)