所以,鮑威爾帶來了意想不到的消息,這就是為什麼理解和相應地反應中央銀行在利率、增長和通脹方面所說和所做的事情是重要的。 鮑威爾改變了他在最近的七月中表達的觀點,優先考慮就業而非通脹,儘管通脹持續高於預期,因此他準備讓經濟保持高溫,提供更多流動性,推動更高的通脹和增長。 這並不意味著風險會無限上升,因為這種政策如果執行,將會產生自己的一系列風險,但就目前而言,我認為這應該創造一個更持久的抄底環境,直到證明另有其事。 我會讓塵埃落定,享受週末。 祝你過得愉快。
Tom Capital
Tom Capital2025年8月22日
I'm not gonna make the Jackson Hole speech tonight, it's been a massive week and I'm shagged But it doesn't matter anyway, unless you are of the strong belief that Powell is going to deliver NEW information to a market already priced for two rates cuts He has seen weaker employment data and stronger inflation data over the past few weeks, and a rate market that is prepared for two cuts Doesn't make sense to rock the boat, let the rate market do the hard work for you and keep watching the data, which is the most likely outcome Just like FED meetings, if nothing unexpected is delivered, the way the market enters this event, is the way it will continue post the event Good luck
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