The Fed has backed down! Williams personally admitted the failure of interest rate hikes, and the biggest opportunity for wealth in 2025 is coming.



Fed's Williams stated that the policy remains tight, but "inflation is gradually easing" should be adjusted to "the pace of inflation easing is subject to fluctuations," which better reflects his recent cautious remarks.

The Brazilian finance minister's statement is accurate, but it can be summarized as follows: the hegemony of the dollar is difficult to shake in the short term, but weaponization will accelerate its decline.
Japan's tariff negotiation representative cancels visit to the U.S. — this is true, but it should be added: the Japanese side has also hinted that countermeasures may be taken.

Bank of Japan's Nakagawa Junko "reiterated the stance on interest rate hikes" is accurate, but "the impact of tariffs is a concern" should be revised to "both tariffs and fluctuations in the government bond market are exerting dual pressure."

The demand for Japan's two-year government bond auction has indeed hit a new low since 2009, but it must be emphasized: this is the third consecutive month of deteriorating demand.
The Japanese Ministry of Finance is soliciting opinions on reducing the issuance of ultra-long-term government bonds - this is true, but the motivation is to alleviate upward pressure on interest rates.
The Russian Finance Minister stated that the economy is expected to grow by 1.5% in 2025—this should be corrected to "optimistic expectation of 1.5%, but the market generally estimates only 0.8%-1.2%."

Slovak central bank governor's bribery case: accurate, but a marginal event, can be appropriately streamlined.
The Bank of Korea maintains the interest rate at 2.5% unchanged - accurate.
The Bank of Korea warns of exchange rate fluctuation risks - should supplement "mainly targeting the rapid depreciation trend of the Korean Won against the US Dollar."
The Governor of the Bank of Korea defends foreign exchange intervention – it's true, but the effectiveness is in doubt, and the Korean won has softened again after rebounding.
My point of view
Subtle deviations in policy statements often lead to misleading expectations. For example, when there is both weak demand for Japanese government bonds and a signal of interest rate hikes, it sends a message of confusion rather than a firm tightening, and such contradictions are often a precursor to a turning point.
Just like last year when the Eurozone was hinting at interest rate hikes while secretly increasing bond purchases, the result was that the euro rose and then crashed - the devil is in the details #ETH走势分析# .
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