Cover image via U.Today

封面圖片來自 U.Today

Shiba Inu (SHIB), Cardano (ADA), XRP, and various other altcoins experienced a surge in value during a speech by Federal Reserve Chair Jerome Powell, before partially retracing their gains.

柴犬 (SHIB)、卡爾達諾 (ADA)、XRP 和其他各種山寨幣在美聯儲主席傑羅姆鮑威爾的演講中經歷了價值飆升，然後部分回吐了漲幅。

Powell allayed market concerns about "stagflation," a scenario combining slow economic growth with high inflation, stating that he did not perceive "the stag or the flation."

鮑威爾緩解了市場對「滯脹」的擔憂，「滯脹」是一種經濟成長緩慢與高通膨相結合的情況，並表示他沒有看到「滯脹或通膨」。

Prior to the speech, JPMorgan CEO Jamie Dimon had raised concerns about stagflation, suggesting that the US economy could be reverting to conditions similar to the 1970s.

在演講之前，摩根大通執行長 Jamie Dimon 曾對滯脹表示擔憂，暗示美國經濟可能會回到 20 世紀 70 年代的狀況。

Following Powell's remarks, American businessman and investor Jeffrey Gundlach expressed his anticipation of a single rate cut in the current year, ruling out the possibility of one in June. The Fed Chair himself acknowledged the difficulty in predicting rate changes, but indicated that a rate cut was unlikely to be the next policy move.

鮑威爾發表演說後，美國商人兼投資人傑佛瑞‧岡拉克(Jeffrey Gundlach)表達了今年單次降息的預期，排除了6月降息的可能性。聯準會主席本人承認預測利率變化有困難，但表示降息不太可能成為下一個政策舉措。

According to Powell, rate cuts could potentially occur sooner than expected if the labor market unexpectedly weakens. However, the decision will ultimately depend on incoming inflation data. Powell emphasized that the Fed is currently content with inflation remaining at 3%. The Fed's objective is to reduce inflation to 2% before initiating rate cuts.

鮑威爾表示，如果勞動市場意外疲軟，降息可能會比預期更早發生。然而，這項決定最終將取決於即將到來的通膨數據。鮑威爾強調，聯準會目前對通膨維持在3%感到滿意。聯準會的目標是在開始降息之前將通膨率降至2%。

Interest rate futures suggest a single rate cut in 2024, projected to occur in September.

利率期貨暗示 2024 年將進行一次降息，預計 9 月進行。

The cryptocurrency market has been adversely affected by the Fed's policy shift, with Bitcoin recording its worst monthly performance since August 2023. The Fed had previously anticipated implementing at least three rate cuts in the current year.

加密貨幣市場受到聯準會政策轉變的不利影響，比特幣錄得自 2023 年 8 月以來最差月度表現。