Federal Reserve Chair Powell's Remarks and Market Impact

聯準會主席鮑威爾言論及市場影響

Federal Reserve Chair Jerome Powell's recent remarks have significant implications for the markets.

聯準會主席鮑威爾最近的言論對市場有重大影響。

In a speech on Capitol Hill, Powell acknowledged easing inflation, while emphasizing the Fed's commitment to achieving their 2% target. He also expressed concerns about holding interest rates too high for an extended period, citing potential economic growth implications.

鮑威爾在國會山莊發表演說時承認通膨有所緩解，同時強調聯準會致力於實現 2% 的目標。他也對長期維持過高利率表示擔憂，理由是潛在的經濟成長影響。

Markets anticipate a decrease in rates by September, followed by another quarter-point reduction by year-end. FOMC members had previously indicated only one cut in their June meeting.

市場預計 9 月利率將下降，年底前利率將再次下降 25 個基點。聯邦公開市場委員會 (FOMC) 成員先前曾表示在 6 月的會議上僅降息一次。

Powell will testify before the Senate Banking Committee and the House Financial Services Committee this week. Additional insights into the Fed's economic and monetary policy are expected from other Fed officials' speeches.

鮑威爾將於本週在參議院銀行委員會和眾議院金融服務委員會作證。預計其他聯準會官員的演講將提供對聯準會經濟和貨幣政策的更多見解。

Crypto Market Response

加密貨幣市場反應

Powell's neutral tone left open all options. His remarks, highlighting positive data and progress in inflation reduction, buoyed the markets.

鮑威爾的中性語氣留下了所有選擇的餘地。他的演講強調了積極的數據和降低通膨的進展，提振了市場。

Cryptocurrencies surged as investors interpreted Powell's comments as balanced, reinforcing expectations of an interest rate decrease this year.

由於投資者將鮑威爾的言論解讀為平衡，加密貨幣飆升，強化了今年降息的預期。

Bitcoin and other top 100 cryptocurrencies experienced gains. BTC rose 2% to $57,200, while others gained between 2% and 13%. Tron (TRX), PEPE, and BONK notably increased by over 6%.

比特幣和其他前 100 名加密貨幣均有所上漲。 BTC 上漲 ​​2% 至 57,200 美元，其他幣種漲幅在 2% 至 13% 之間。 Tron (TRX)、PEPE 和 BONK 漲幅顯著超過 6%。

Fluctuations in expectations for U.S. interest rate cuts had diminished demand for riskier assets. However, Powell's remarks have renewed investor confidence and boosted the crypto market.

美國降息預期的波動減少了對風險資產的需求。不過，鮑威爾的言論重拾了投資人的信心，提振了加密貨幣市場。