QCP: Fed independence attracts attention, gold and Bitcoin become hedge tools
Source: ChainCatcher
Time: 2025-09-03 18:04:01
According to ChainCatcher, QCP released a briefing that the market focus has shifted from the interest rate cut itself to the issue of Fed independence. Analysis shows that the market is pricing a higher term premium on the long term, while lowering the threshold for the US dollar downward cycle. Against this backdrop, even with loose policies, the yield curve tends to steeply and the dollar weakens, while gold and Bitcoin are supported by investors seeking to hedge inflation and manage risks.
Rate cuts are still seen as possible after Jackson Hall meeting, although inflation is difficult to quickly fall back to the 2% target. The market expects two interest rate cuts this year, but new tariffs may push up inflation expectations, which is worth paying attention to.