Federal Reserve Chair Powell's Remarks and Market Impact

美联储主席鲍威尔言论及市场影响

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

美联储主席杰罗姆·鲍威尔最近的言论对市场具有重大影响。

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.

鲍威尔在国会山发表讲话时承认通胀有所缓解，同时强调美联储致力于实现 2% 的目标。他还对长期维持过高利率表示担忧，理由是潜在的经济增长影响。

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.

市场预计 9 月利率将下降，年底前利率将再次下降 25 个基点。联邦公开市场委员会 (FOMC) 成员此前曾表示在 6 月份的会议上仅降息一次。

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.

鲍威尔将于本周在参议院银行委员会和众议院金融服务委员会作证。预计其他美联储官员的演讲将提供对美联储经济和货币政策的更多见解。

Crypto Market Response

加密货币市场反应

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

鲍威尔的中性语气留下了所有选择的余地。他的讲话强调了积极的数据和降低通胀的进展，提振了市场。

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

由于投资者将鲍威尔的言论解读为平衡，加密货币飙升，强化了今年降息的预期。

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%.

比特币和其他前 100 名加密货币均有所上涨。 BTC 上涨 2% 至 57,200 美元，其他币种涨幅在 2% 至 13% 之间。 Tron (TRX)、PEPE 和 BONK 涨幅显着超过 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.

美国降息预期的波动减少了对风险资产的需求。不过，鲍威尔的言论重拾了投资者的信心，提振了加密货币市场。