聯準會連續第三次降息，但加密市場不為所動

聯準會最近宣布了國家新的利率。 12 月 18 日，在今年最後一次 FOMC 會議上，傑羅姆·鮑威爾 (Jerome Powell) 宣布利率將再削減 25 個基點。

The U.S. Federal Reserve announced the nation’s new interest rate on December 18 during the last FOMC meeting of the year. Jerome Powell announced that interests would be slashed by another 25-basis-points.

聯準會於 12 月 18 日在今年最後一次 FOMC 會議上宣布了美國新利率。傑羅姆鮑威爾宣布利息將再削減 25 個基點。

This development marks a significant shift from the state of American interest rates a couple of years prior. In order to control inflation and prevent a recession in the post-COVID economy, the Federal Reserve continuously raised interest rates for nearly 2 years, reaching the biggest mark of the decade.

這一發展標誌著美國利率狀況與幾年前相比發生了重大轉變。為了控制通膨、防止疫情後經濟衰退，聯準會連續近兩年升息，達到十年來最大幅度。

Now, interests are at a target rate of 4.25% to 4.5%. December’s slash marks the third consecutive interest rate cut. In total, the Fed has cut interests by a whopping 1 full basis point in 2024.

目前，利率目標為4.25%至4.5%。 12月的大幅降息標誌著連續第三次降息。整體而言，聯準會在 2024 年降息幅度高達 1 個基點。

Meanwhile, the crypto market was slow to respond to the news from today’s FOMC meeting. Moments after the announcement, most digital assets continued their intraday downward trend.

同時，加密貨幣市場對今天聯邦公開市場委員會會議的消息反應緩慢。消息公佈後不久，大多數數位資產繼續盤中下跌趨勢。

XRP, SHIB, and DOGE are among the biggest losers of the day—with decreases of nearly 10% in value during the last 24 hours. Bitcoin is still maintaining its $100k margin at $100,925 despite near 6% losses in that same time frame.

XRP、SHIB 和 DOGE 是當天跌幅最大的貨幣之一，在過去 24 小時內價值下跌了近 10%。儘管同期下跌了近 6%，但比特幣仍將 10 萬美元的利潤維持在 100,925 美元。

In general, interest rate cuts usually have a large positive impact on digital assets. As borrowing costs decrease—risky assets tend to gain value as investors are able to obtain capital easier. However, the fact that today’s rate cut comes after one of the most profitable rallies in history could mean that the announcement came at a specific time when buyers are exhausted.

整體而言，降息通常會對數位資產產生較大的正面影響。隨著借貸成本下降，風險資產往往會增值，因為投資者能夠更容易獲得資本。然而，今天的降息是在歷史上最賺錢的反彈之一之後發生的，這一事實可能意味著這一消息是在買家筋疲力盡的特定時間發布的。

Behind this mysterious stagnation could be regarding Jerome Powell’s statement today—in which he claimed that future rate cuts will require a higher bar of acceptance for them to through. The Fed now thinks that the target rate should be at 3% for 2025, which in theory could mean more cuts in the next months, but that would depend on how the economy performs, particularly the Fed’s favorite metrics: core personal consumption expenditures and the overall consumer price index.

這種神秘的停滯背後可能與傑羅姆·鮑威爾今天的聲明有關——他在聲明中聲稱，未來的降息將需要更高的接受度才能通過。聯準會目前認為 2025 年的目標利率應為 3%，理論上這可能意味著未來幾個月將進一步降息，但這將取決於經濟表現，尤其是聯準會最喜歡的指標：核心個人消費支出和整體消費者價格指數。