🔥Recently, the three most talked-about letters in the financial circle: RMP! How important is it? In a nutshell — it may be the starting point of the 'next wave of liquidity'.
In the past week, all the big shots on Wall Street have been fixated on one word: RMP (Reserve Management Purchases). Don't be fooled by the name; this is not an ordinary technical operation, but more like a 'subtle preparatory action for balance sheet expansion'. Why do I say that?
Because the Federal Reserve just announced a halt to balance sheet reduction, and the market immediately faced a key question: should we inject liquidity back into the market?
The emergence of RMP is precisely to tell the market: 'We may take action, but we won't call it QE.'
The approach of RMP is that the Federal Reserve will buy short-term Treasury bills (T-bills) for a long time and continuously, aiming to keep bank reserves sufficient. It sounds quite 'neutral', but the effect is quite direct — releasing liquidity into the market. Don't forget, historically, every similar operation has significantly benefited asset prices.
What's even more exciting is that some institutions estimate: if RMP is launched at the expected scale, the Federal Reserve's balance sheet will head toward net expansion again, potentially injecting about $20 billion in liquidity into the system each month. This is not to be underestimated in its influence on the stock market, bond market, and cryptocurrencies.
So why has Wall Street suddenly become restless these days?
Because the market is betting: RMP = a new generation of 'mild QE'.
Once launched, risk assets may welcome another wave of sentiment and valuation resonance.
Now the key lies in how the Federal Reserve chooses:
Continue to maintain 'technical liquidity management'?
Or open the door to a new round of liquidity cycles?
Not to exaggerate — RMP will be one of the most noteworthy signals in the market for the next few months. #ETH走势分析 #加密市场观察
