The Federal Reserve's Beige Book has just been released! The dovish signals are clear, yet cleverly concealed—truly the old tricks of Powell, both releasing expectations for easing and not making any definitive statements, fearing to disturb the market rhythm! This Beige Book clearly lays out the current situation of economic slowdown and cooling consumption, with most of the 12 districts showing stable economies, rising downward risks, and easing inflation pressures. The market is directly voting with its feet, and now the probability of a rate cut in December has surged to 87%, approaching 90%! Goldman Sachs and JPMorgan have both pivoted to advocate for more rate cuts, stating that this wave is almost a done deal. As a joke, if Powell continues to delay the rate cuts, old Trump might have to personally step in to serve as the Federal Reserve Chairman! After all, market expectations for easing are already at their peak, and even the better-than-expected non-farm data hasn't hindered the rate cut bets. Currently, the crypto market is already gaining momentum following this rebound, and the benefits of the rate cut continue to ferment. Next, we just wait for the December meeting to conclude; whether Powell can align with the market will depend on this crucial decision! #USNonFarmDataBetterThanExpected #CryptoMarketRebound #FederalReserveRestartingRateCutSteps
#美联储重启降息步伐 #加密市场观察 #内容挖矿 #美国初请失业金人数
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