💥 Another vote for the hawkish camp! Fed's Bullard: I am "uneasy" about a rate cut in December!

Fed official Goolsbee expressed support for the hawkish camp within the Fed on Thursday, stating that he feels "uneasy" about the possibility of another rate cut at the December meeting!

[Core Logic of Concern]

Stagnation Risk of Inflation: Goolsbee pointed out that inflation's decline "seems to have stalled, and one could even say it has issued a warning of going in the wrong direction." This is the core reason for the hawkish stance against interest rate cuts.

Short-term caution outweighs long-term optimism: Although he believes the economy will eventually return to a situation where "interest rates can fall significantly" (long-term optimism), he opposes "large rate cuts in advance" in the near term.

Minutes Confirmation: His statement perfectly confirmed the position of the "many" officials who "felt uneasy" about the interest rate cut in December mentioned in yesterday's meeting minutes.

🔥 Summary: As the global market tries to find optimism from Nvidia's earnings report, the Fed's hawkish tone once again issues a clear warning: inflation remains high at 3% and will not easily loosen policy in the short term. This continues to bring macro pressure to the BTC/ETH market.
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