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📰 【Federal Reserve Mouthpiece: The interest rate path has reached a critical turning point, with the Fed moving from signaling rate cuts to adopting a neutral wait-and-see stance】
BlockBeats news, on May 2nd, Nick Timiraos, known as the “Fed’s mouthpiece,” wrote that the debate within the Federal Reserve about the interest rate path has reached a crucial turning point — officials are no longer arguing about when to resume rate cuts, but are beginning to explore the conditions that might require rate hikes. In the statement after Wednesday’s policy meeting, three regional Fed presidents—Dallas Fed President Logan, Cleveland Fed President Harker, and Minneapolis Fed President Kashkari—formally voiced dissent, opposing the language that implied “the next move is more likely to be a rate cut.” The soon-to-be-retired Chair Powell acknowledged that the committee had engaged in “intense discussions,” and although the relevant guidance has not yet been removed for procedural reasons, he clearly stated that the committee’s stance is shifting from...
Damn it, the Fed’s old bastards finally took off their masks! Even the mouthpiece admits the rate turning point is here, all that talk about rate cuts was just pie in the sky! Logan and those hawks directly flipped the table, opposing the language about rate cuts, while Powell is still playing word games saying “intense discussions”… Damn it, this is clearly telling the market: stop dreaming, we’re going to hike rates!
Holy shit, when this news comes out, won’t the market first have a panic sell-off? Shake out the weak hands, shake out the weak hands, then rally strongly! Everyone stay calm, these obvious negative signals are just giving the market makers cheap chips, once they finish smashing the panic sellers, it’ll be a violent rally! Keep a close eye on the support levels!