Partnered With:

Fed's Evans: 'substantial' rate hikes needed in coming months

BlockBeats news, June 23, the Federal Reserve Evans spoke: "The downside risks are numerous and remain vigilant and ready to adjust the policy stance as inflation is clearly too high. The bad inflation-related news was an important factor in supporting a 75 basis point rate hike in June. My own view is broadly in line with expectations, with the policy rate at 3.25%-3.5% by the end of 2022 and 3.8% by the end of 2023. The (golden) ten

Correction/Report

RelatedRecommended

Arthur Hayes: The Federal Reserve is destined to fail.

Behind the Fed's 75 basis point rate hike: The macro state of the market

People stimulate changes in GDP, consumer health, corporate growth, financial conditions, and Federal Reserve policy.

After the Fed's continued interest rate hikes, traditional market influencers couldn't sit still.

Traditional hedge fund managers, including the founder of Real Vision, still believe that interest rate hikes will put immense pressure on the banking industry and force the Federal Reserve to cut rates.

Quick review of the key points of Powell's hawkish press conference

Powell does not believe that the sharp interest rate cut indicates that a US recession is imminent, but rather that it is more of a preventive action aimed at maintaining the "robust" status quo of the economy and labor market.

On-Chain Activity