#Gate广场五月交易分享 Federal Reserve shifts stance: from cutting rates to potential rate hikes

As reports indicate that the Federal Reserve's internal discussions have shifted from timing rate cuts to conditions requiring rate hikes, macroeconomic sentiment is undergoing a significant change. According to The Wall Street Journal, driven by energy prices and geopolitical tensions, the persistently high inflation risks are forcing a reevaluation of monetary policy. Fed Chair Jerome Powell acknowledged that this hawkish shift is a move from a "dovish" to a "neutral" stance, directly challenging the narrative that has supported risk assets, including cryptocurrencies, for months. For investors, this signals a major resistance; the outlook for higher and longer interest rates reduces market liquidity, dampens interest in speculative investments, and increases the likelihood of market adjustments as capital seeks safer returns.