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As July comes to an end, the focus of the financial markets shifts to the upcoming Fed interest rate decision. This meeting is scheduled to take place from July 29 to 30, with the decision to be announced at 2 AM Beijing time on the 31st.
Although the market generally expects that the Intrerest Rate will remain unchanged, the political pressure and economic considerations behind it are concerning. Since taking office, Trump has exerted pressure on the Fed in various ways, demanding a loose monetary policy. From public calls to threats of investigations, and even personally visiting the Fed, this series of actions aims to promote interest rate cuts and market liquidity.
However, the Fed Chairman Powell faces not only pressure from the White House. As a representative of the financial sector, he also needs to balance the interests of Wall Street and the overall health of the economy. This complex role requires him to weigh multiple factors in his decision-making.
For investors, regardless of whether the Fed lowers interest rates this time, the market may face a short-term turning point. The cryptocurrency market will also closely monitor this decision, as it could have a significant impact on the trends of major digital assets such as Bitcoin, Ethereum, and Binance Coin.
In this time of uncertainty, market participants need to stay vigilant, pay attention to policy trends, and be prepared for various situations that may arise. The Fed's decisions will not only affect short-term market trends but may also set the tone for the global economy in the coming months.