美聯儲

#美聯儲
Jerome Powell, the Chairman of the Federal Reserve, testified today (February 11, 2025) before the Senate Banking Committee, reiterating the Fed's determination to reduce inflation and stating that there is currently no need to rush to adjust interest rate policy.

He pointed out that despite the decline in policy rates, the U.S. still faces a housing shortage issue, and mentioned that Fannie Mae and Freddie Mac may have suppressed mortgage rates.

When asked whether the U.S. economy has achieved a soft landing, Powell stated that he could not comment.

Additionally, Powell emphasized that the Fed would not comment on fiscal policy, but noted that the U.S. federal budget is on an unsustainable trajectory, and now is the best time to begin addressing budget issues, which requires action from Congress.

He also mentioned that formulating or commenting on trade policy is not the Fed's responsibility, and speculating about the potential impact of tariff policies on inflation is unwise.

Regarding financial regulation, Powell stated that as long as he serves as the Fed Chair, the U.S. will not issue a Central Bank Digital Currency (CBDC) and supports relevant regulation of stablecoins.

He also emphasized that addressing fiscal issues depends on Congress.

After Powell's testimony, the yield on the U.S. 10-year Treasury rose by 3.6 basis points to 4.5352%; the yield on the 2-year Treasury rose by 1.9 basis points to 4.2938%.

Overall, Powell's testimony underscored the Fed's determination to reduce inflation while indicating a cautious and patient approach to adjusting interest rate policy.

$BTC $ETH $BNB

🔥According to the latest news, this incident may be related to the U.S. Treasury's recent bond buyback operations, rather than simply the Federal Reserve's open market operations:
1. The truth about $29 billion: This is the total amount of sell orders received ($29 billion) when the U.S. Treasury repurchased some government bonds, while the actual amount repurchased was approximately $4 billion.
2. Market interpretation: Although the actual repurchase amount is small, such a large oversubscription rate (receiving $29 billion in sell offers while planning to repurchase $4 billion) is interpreted by the market as a sign of extremely high demand and pressure for liquidity from banks and financial institutions.
3. Liquidity shock: Whether from the Federal Reserve or the Treasury, any action to "release funds" to the market, whether through quantitative easing (QE) or buyback operations, may increase the supply of dollars in the market. Historical experience shows that this type of "hot money" often spills over into risk assets, especially the cryptocurrency market.
📈 Impact on the crypto market
• Historical reference: The liquidity wave after 2020 was one of the main drivers of the last major bull market in cryptocurrencies.
• Capital spillover: If Wall Street and the banking system truly face liquidity pressure and gain cash from such operations, some funds are likely to flow into the most speculative assets, with cryptocurrencies being the first to feel the impact.
• Market sentiment: Even if the actual amount injected differs from the rumors, the narrative of the "largest liquidity inflow in five years" is enough to ignite FOMO (fear of missing out) sentiment in the market.

Dear cryptocurrency partners, do you think this "$29 billion signal" will be the accelerator for the bull market we have been waiting for?

👇 Feel free to follow me & share your thoughts in the comments!

#CryptoMarket #liquidity #FederalReserve #美聯儲 #小奶狗

$ETH
Can I soar to great heights? 😂
#美聯儲

Ultimately, the interest rate policy is still influenced by the cabinet policies, if Trump reduces domestic taxes and raises tariffs, it may cause fluctuations in the inflation index, and interest rates will also fluctuate accordingly. To discuss interest rate plans now is to treat the Trump administration's plans as those of the Biden administration, which is not accurate.

$A

EOS → @Vaulta_ renamed and received $6 million in institutional support, indicating that the 'Ethereum killer' of 2017 is evolving, not dying.

Different paths, same goal: reliable infrastructure, true currency.

This is an area worth watching. We are keeping a close eye on it.

#btc
#ETH
#美聯儲

Economic Observation:

1. Although the Federal Reserve has cut interest rates, the policy rate (4.0%) is still higher than the "neutral rate" (3.0%) → it is still relatively tight.

2. However, the U.S. economy is still very strong: GDP is growing rapidly, the stock market, corporate earnings, and gold are all hitting new highs.

3. The SEP shows that inflation will not return to 2% until 2027, and interest rates will also need to drop to 3.0%.

The "neutral rate" is just an estimate from the model; is it accurate? Perhaps the neutral rate is closer to the current 4.0%? If subsequent rate cuts do not meet expectations, it should be a buying point.

👉 In simple terms: the Fed's policy is still tight, the economy is very strong, and the market is at a high point.

#美聯儲 #降息期待
#美股 Long-term positions gradually reduced to 70% holdings, 30% bonds.
$BTC $ETH Initial entry into the crypto space still requires building positions.