In the last few days, we were talking about the statements that we would probably not hear good things for September. Current In his video, we drawn attention to this issue and we wrote that investors would probably face a decline in the midst of the inflationary inflationary effect of tariffs. Alright Powell What did he say and what will happen next?
Why do crypto coins fall?
As Trump calls for the reducing interest rates, the markets believed that it would be really possible. Fed There was no interest in interest in July except for 2 members competing for the presidency. Even though Waller and Bowman say let’s go to a discount, the majority of the Fed’s 11 members need to make a discount at this point.
https://www.youtube.com/watch?v=lwo0fwhbzk Crypto investors’ application – the reason will surprise you!
In the video above, you can find all the details, such as inflationary effect of tariffs, risks, why Powell does not download interest rates. Fed President Powell, as we mentioned today, expressed his rightful concerns.
As a result, the expectations of investors about the next meeting have also decreased significantly. The expectation of a discount at the September meeting is about 47 days before the meeting at 47 %. This ratio can go further down with possible high inflation data. The expectation of a discount for the October meeting is around 70 percent. The Fed can only make 1 discount this year and this may be in December.
The summary of Powell’s statements, “Trump may want me to download interest rates, the US debt may increase due to high interest rates, 2 members may have put the opposition commentary for the FED Presidency, but these tariffs seem to increase inflation and we will not increase the interest rates until you are sure to increase the interest rates. Thursday PCE and Friday employment figures will come. So the week is not over yet and the future data will cause great volatility.
Expectations in crypto currencies
Sales may increase or rinse depending on how the data coming on tomorrow and Friday. If PCE is high as it moves towards the monthly closing (which is an indicator of inflation followed by the FED) in crypto coins We can see more.
On August 1, the US will communicate high tariff rates to many countries and these rates will enter into force. In other words, after seeing the effect of 10 %base customs duties on inflation, we will follow the effect of 15 %(and above) tax on inflation by a large extent to the rates in April and to giants such as the EU. When will we watch? In September, this impact on the next August data will begin to be reflected.
And of course, Trump’s time for Putin next week is full. If the week will apply 100 %tax from Russia to Russia, including Ukraine and ceasefire or a ceasefire until Thursday. We are experiencing days where you can rarely see the similar in the history of investment.
Crypto currencies have a very justified reason for this minute to fall. However, especially crypto currency The markets will not always run in the expected direction, perhaps after a fake rise, a sharp decrease is seen or a real rise begins in the coming hours. For now, ETH protects $ 3,720 and BTC is still under $ 116,000, investors are still trying to keep their hopes alive.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
