Today, one day he’s staying behind and probably we’ll have a big night. In the following hours, we will witness AC waves or shock drops around the daily candle closure. So sleeping to crypto currency investors tonight is almost haram. So what are the expectations? What do we say to the important statements of the Fed members today? Here are the details you need to know.
Big Night in Crypto Coins
ETH price It rose to $ 4,775, and with the summit, which was recently seen, a distance of less than $ 100 to AC level. As long as the level of $ 4,700 is preserved, it has the potential to make daily candle closing above the AC level. This rightly excites investors because EthThe start of the price discovery will bring ACE attempts for other big crypto currencies.
For example Left coin It is over $ 200 and targets $ 296. BNB Coin Ath level is just below the level. Bitcoin $120,676.68 The start of this process, which will accelerate the decline of market domination, will be exciting.
ETHBTC The pair of 0.0385 is maintained and the resistance of 0.037 was exceeded. This means that the targeted point is 0.0407btc. Even when this level is reached, ETH will reach the new AC level, so the investors do not sleep tonight.
Statement of Fed Members
Goldman Sachs One hour ago, he published the last macroe economic research and “FedIn 2026, we expect the final interest rate to take the final interest rate to 3-3.25 %by making an interest rate reduction twice in 2026. ”
In recent hours, we saw the statements of two Fed members, the first was Bostic.
“Customs duties can cause structural changes. Since the labor market continues its strong course, we have the luxury of waiting to make a policy adjustment today. The unemployment rate is very low. The data shows that the labor market is weakened in the last 3 months.
Low and medium -income consumers face some difficulties, and these challenges begin to spread up on the income scale. High -income consumers are still in good condition.
Small businesses are experiencing more stress than large businesses. The employment and sales expectations of the companies are more pessimistic. We know that the number of credit card users has increased to buy things they haven’t received before, which gives a signal of the situation of consumers.
I think an interest rate cut will be appropriate in 2025. A discount depends on the labor market remains intact. ”
Goolsbee also talked about discounts.
“The most important determinant of mortgage loans is long -term interest rates that partially reflect long -term inflation expectations. If inflation progresses in the wrong direction, the FED will have to act.
Fed’s interest decisions meetings will be broadcast live. Some labor market data shows that it is intact, while others are worrying. In order to go to interest rates, inflation must be positive for several months.
If the labor market worsens, the Fed will have to go to interest rate cut; However, it is not certain whether this will happen. So far, inflation has been moderate for several months. In the latest CPI data, there was an worrying increase in service inflation.
Factors that are under the basis of the economy will naturally lead to interest reduction. Considering the taxes on semiconductors and new customs duties, it is disturbing that customs duties are considered as a one -time inflation shock.
If you think that inflation is going towards 2 %, it is possible to make an interest rate reduction in advance and stop interest rate reduction or increase if the information shows otherwise. Some important data will be announced before the Fed’s September meeting, but that does not mean that I cannot make a decision until then. ”
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.
