#内容挖矿更新 The Fed's important decision will be announced at 2:00 AM Beijing time on Thursday, October 29, regarding the Intrerest Rate resolution. Following that, Powell will hold a press conference at 2:30 AM to explain the details of the policy.



The current economic environment is特殊, the government is in a停摆状态 and data is lacking. The market generally expects a 25 basis point rate cut, and this outcome seems to be a foregone conclusion.

It is worth noting how Powell will explain the logic behind this decision in the face of the current complex economic situation and various pressures, as well as when the Fed will clarify the timeline for pausing the balance sheet reduction. Market participants should be wary of the potential for significant market volatility that may arise from subsequent economic data.

Market focus is also on the response of crypto assets such as Ethereum, Bitcoin, and Binance Coin to this adjustment in monetary policy.
ETH-4.1%
BTC-3.73%
BNB-3.69%
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OffchainWinnervip
· 8h ago
The bull run is here, right?
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FrogInTheWellvip
· 8h ago
Let's wait until the policies are clearer.
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BearMarketSurvivorvip
· 8h ago
The bull run is coming, right?
View OriginalReply0
DYORMastervip
· 8h ago
Rise or fall, that's how the market is.
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CafeMinorvip
· 8h ago
The Fed is putting on an act again.
View OriginalReply0
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