Next week marks the first key week of the year. If we were to point to the biggest "money burner" in the world, it would undoubtedly be the Federal Reserve. Good evening!
Let’s take a look at the Federal Reserve's activities next week:
On Monday at 22:30, Federal Reserve Governor Lisa Cook will deliver a speech;
On Thursday at 03:00, the Federal Reserve will release the minutes from the December monetary policy meeting;
On Thursday at 22:00, 2026 FOMC voting member and Philadelphia Fed President Harker will speak;
On Friday at 01:40, 2027 FOMC voting member and Richmond Fed President Barkin will also give a speech;
On Friday at 02:30, 2025 FOMC voting member and Kansas Fed President Schmidt will discuss the economic and monetary policy outlook.
Next week, Federal Reserve officials will be speaking intensively, and the release of the December FOMC meeting minutes is expected to provide more clues about the future direction of policies, especially regarding whether the Federal Reserve will truly pivot to a hawkish stance. Looking back at the December meeting, officials anticipated only two rate cuts in 2025, and Federal Reserve Chairman Powell indicated at the time that subsequent policy adjustments would closely follow inflation trends. Since 2022, while price pressures have clearly eased, the progress towards the Federal Reserve's 2% inflation target has not been smooth in recent months. Take the inflation indicator preferred by the Federal Reserve, which rose 2.4% year-on-year in November, unchanged from June.
The US economy still shows resilience, which may lead the Federal Reserve to be more cautious regarding future rate cuts; this attitude is generally favorable for the dollar.
However, next week’s market trends will depend on the performance of non-farm payroll data. If the non-farm payroll data falls short of expectations, it may strengthen market expectations for further rate cuts by the Federal Reserve, benefiting gold. Conversely, if labor market data is strong, it could reinforce the Federal Reserve's cautious stance, reducing the likelihood of aggressive easing policies. This would push US Treasury yields up, strengthen the dollar, and put downward pressure on gold prices.
Special Statement: This article contains third-party views and does not constitute any financial advice, and may contain sponsored content. For details, please refer to the "Terms and Conditions." #加密市场反弹 #比特币诞生16周年 #币安全球用户突破2.5亿 #比特币走势观察 #BTC $BTC $ETH $XRP
