No Data
Wall Street awaits the Federal Reserve's 'hawkish rate cut': a pause in easing in January and possibly three cuts next year?
① The industry generally expects the Federal Reserve to stage a "hawkish rate cut" this week; ② While cutting rates by 25 basis points in December, Fed policymakers may be preparing to taper the easing trend in 2025 in response to the anticipated inflation rebound following the Trump administration's assumption of office.
The Federal Reserve may have to "tear up the script," and the dot plot is the main focus of the event!
Progress has occurred in the job market and inflation data, which came as a surprise to economists, and the Federal Reserve may have to reconsider the extent of interest rate cuts next year.
MicroStrategy's founder makes a significant statement: Bitcoin is comparable to 'Network Manhattan'.
On Monday, as Cryptos reached new highs, Michael Saylor compared Bitcoin to New York City and its economic growth engine. Since 2020, MicroStrategy has been adding Bitcoin to its balance sheet and is now vigorously issuing convertible Bonds to fund the company's Bitcoin purchases.
The Federal Reserve's 'mouthpiece' has made a statement before the meeting: the Fed's strategy for interest rate cuts is constantly changing.
The "Fed's mouthpiece" stated in its latest article that the Federal Reserve is facing another potential turning point. After this week, officials are ready to slow down or even stop interest rate cuts.
This week, the Federal Reserve's interest rate cut is nearly a done deal, but Powell may still strike a blow to the market.
This rate cut will be the Federal Reserve's third consecutive cut, and such a rapid pace of cuts cannot be sustained. Therefore, Powell must signal that a change will come next year, and how he conveys this message is crucial for the response of the deteriorating U.S. stock market.
Futu Morning Report | Goldman Sachs expects the Fed to "skip" interest rate cuts in January! Powell's speech may impact the market; Tesla surged over 6%, boosting the Nasdaq, and Quantum Concept stocks collectively exploded.
China's central bank has recently announced to appropriately reduce the reserve requirement ratio and interest rates. The State Council Meeting proposed to develop and strengthen long-term capital and patient capital; Bitcoin has surpassed 107,700 dollars, setting a new historical high, Ethereum has returned to 4,000 dollars, and most cryptocurrency concept stocks have risen.