# 通货膨胀

#通货膨胀 Seeing such significant disagreements within the Federal Reserve, I truly feel a bit emotional. From the news, the voting members are torn between inflation and employment, and some are even worried about a replay of the 1970s "stagflation" nightmare — which precisely highlights the pain points of the traditional financial system.
The central bank holds the power to print money but finds itself in a dilemma: lowering interest rates risks runaway inflation, while not lowering rates could lead to an economic collapse. This "step-by-step" passive response is exactly why we need Web3!
Imagi

#通货膨胀 The Fed's rate cut this time has exposed a very critical piece of information: the market's expectations for rate cuts next year are diverging from the Federal Reserve's true intentions.
The dot plot only shows one rate cut in 2026, but the market is still fantasizing about 100 basis points. This divergence is no small matter; it reflects that inflation is far from resolved—Powell explicitly stated that inflation remains high and risks are tilted to the upside.
Having seen many such patterns in the crypto world over the years: central banks signal easing, retail investors rush in to bet

#通货膨胀 Inflation seems to be set to become a long-term challenge for next year. The latest comments from Fed's Goolsbee are quite interesting—they say they are optimistic about rate cuts but uneasy about rapid easing. In other words, rate cuts are not that easy.
This actually signals an opportunity for us crypto enthusiasts. Uncertainty in interest rate policies leads to greater market volatility, and new project teams will often prepare more airdrop incentives to attract liquidity. I recently compiled a "Airdrop Map During High Inflation Cycles," with the main ideas being:
**1. Track policy-s

#通货膨胀 The Federal Reserve is now truly divided internally. The 9:3 voting result looks easy, but in reality, the committee members' attitudes towards inflation vary wildly—Goolsbee prefers to wait for more data, Schmied believes inflation is still too high, and Powell is worried about stagflation risks. This situation reminds me of the worst-case scenario when copying trades: the main trader's strategic logic begins to become blurry.
What’s even more concerning is that only one rate cut is expected next year, whereas the market previously anticipated more than two. The degree of hawkishness i

#通货膨胀 Seeing Powell's recent remarks, I am reminded of the memories from 2021. Back then, everyone was debating whether inflation was "transitory" or "structural," with central banks repeatedly delaying rate hikes, and markets betting they would continue to stay accommodative. As a result, the rate hike cycle in 2022 came unexpectedly fast, and many were caught off guard in that wave of market volatility.
The current situation is somewhat similar but not exactly the same. Powell said that inflation risks are tilted to the upside, and the policy path is risk-free—this sounds like they are sayi

#通货膨胀 Seeing Powell's speech this time, I couldn't help but recall the scenes before and after the 2008 crisis. Back then, the Federal Reserve was also swinging back and forth between inflation and employment, and ultimately, the market paid a heavy price for it.
Today’s situation feels familiar. Three consecutive rate cuts, totaling 75 basis points, seem on the surface to be a signal of liquidity easing, but the dot plot reveals the true intention—only one rate cut next year. This discrepancy itself is quite telling. Goldman Sachs put it plainly: the preemptive rate cuts are over, and the ne

#通货膨胀 Seeing the Federal Reserve's internal 9-to-3 voting result, my alertness immediately went to the max. This is not just a simple disagreement over interest rate cuts; it's a signal of indecision between inflation and employment— the most dangerous kind of signal.
Remember stagflation in the 1970s? Back then, the Fed kept changing course, resulting in entrenched high inflation, and investors suffered heavy losses. The current situation feels familiar: price pressures remain stubborn, but the labor market is cooling down. Both Goolsbee and Schmiedt emphasize "more data is needed to decide.

#通货膨胀 Seeing Powell's latest speech, the first thought that flashed through my mind was—this story seems familiar, we've seen it in 2008, 2015, and 2020.
The rate cut cycle is over. This time, the Federal Reserve is very transparent, with the dot plot clearly indicating: only one rate cut next year, and only one the following year. In other words, the "preemptive rate cut" act has come to an end. Goldman Sachs's analysis hits the mark—labor market data must weaken further to be credible, but this threshold has been deliberately raised.
Having gone through several cycles, I am particularly se

#通货膨胀 The Fed's recent actions are worth paying close attention to. Powell's statements are very important—he indicated that inflation risks are "tilted to the upside," which is not something said casually. Coupled with the dot plot data, the market expects only one rate cut in 2026-2027, with no rate cut expectations next year, indicating that the policy shift is already quite clear.
On-chain reactions also confirm this. Bitcoin initially surged past 94,000 after Powell's speech but immediately pulled back. Currently, the price is around 91,918. This rapid correction suggests that the market

#通货膨胀 Recently, I’ve been reviewing the latest Federal Reserve decision and wanted to share some thoughts. Powell explicitly pointed out that inflation risks are tilted to the upside, and the expected number of rate cuts next year has sharply decreased from four to just one. This shift reflects a fundamentally tighter policy environment.
I want to emphasize that this is not bad news, but a reminder that we need to reassess our asset allocations. The persistent inflationary pressure means purchasing power is gradually being eroded, and simply holding cash is no longer a prudent choice. However