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#劳动力市场 Recently, I've been following the news about the Fed, and I'm getting more and more confused 🤔 Labor cost growth has dropped to a four-year low, and inflation seems to be easing. Isn't this a good thing? Why are people in the comments still worried about "stagflation risk"?
After searching a bit, I understand now that although inflation is decreasing, the job market is also cooling down, with layoffs reaching new highs and young people's wages still falling... In this case, the Fed finds itself in a dilemma—continuing to cut interest rates would be criticized for not taking inflation seriously enough, while not cutting rates could increase employment pressure. 😅
I heard that there are disputes within the Fed, which suddenly made me realize how deeply macroeconomic changes affect the cryptocurrency space! Every decision made by the Fed impacts liquidity, which in turn affects the direction of the crypto market. Now I finally understand why everyone is so focused on US economic data.
Can any experienced traders explain how beginners should develop trading strategies during such times of high policy uncertainty? It feels like the more I learn, the more there is to learn 😂