Powell Speech Live: Updates on Fed Chair Remarks on Economy, Rates at NABE https://t.co/uQcSfmqNtx ...

"I think rates being on hold is appropriate for the current period"Bank of England policymaker Catherine Mann on the risk inflation poses to the UK economy and what the central bank might do next #BBGWomenMoneyPowerhttps://t.co/D71n0UVSBN https://t.co/WehjSWoGS6 ...

Economic Outlook & Monetary Policy - The report focuses on Powell's speech and its implications for the Fed's economic outlook and interest rates [1] Financial Markets - The report is relevant to financial markets, as it discusses potential impacts on rates [1]

Market Trend - BTC 图表显示，利率下调 25 个基点后，市场表现值得关注 [1]

💥BREAKING:🇺🇸 POWELL SAYS DON'T FEEL NEED TO MOVE QUICKLY ON RATES. ...

Upcoming Event - The FED officials' dot plot, projecting rates for the coming years, is dropping tomorrow [1] Market Outlook - The dot plot is extremely important and will be analyzed [1]

The more Gold is going to consolidate.The lower the rates are going to go.The higher the #Altcoins are going to move.And they have barely started. ...

Market Trends & Expectations - The yield on the benchmark 10-year Treasury is closing back in on 4% [1][2] - Economists anticipate consumer prices rose slightly more than in July, with an annualized rate just under 3% [1] - A surprise drop in wholesale prices (PPI) occurred in August, falling by 0.1%, against consensus estimates expecting an increase [1] - The market was surprisingly not up more despite the magnitude of the PPI data [4][6] Potential Monetary Policy Implications - If the PPI trend continues, it could theoretically lead to deflation, although it's too early to confirm [3] - Continued reports of this nature suggest rates are likely to continue to come down, which would be positive for the markets [3][4] - If upcoming CPI data doesn't completely contradict the PPI data, the Fed may be compelled to cut rates [5] - The possibility of a 50 basis points rate cut, previously considered dramatic, now seems more plausible given weakening labor and inflation data [5][6]

Monetary Policy & Economy - Stephen Miran's confirmation hearing focuses on interest rates and the economy [1] News Source - The information is sourced from a live confirmation hearing related to Trump's Fed pick [1]

Macro Environment - The macro environment is currently benign, with stocks at a record high and the economy stable, recession is not expected [1] - Earnings growth has been good and the tariff situation has generally abated [1] - The distress ratio is under 5%, and the amount of bank loans trading under 80 is 4% [2] - Inflation has clearly come down, with ongoing debate about whether it will settle at 2% or 3% [3] Company Performance & Investment Strategy - The company manages $100 billion of capital and invests in hundreds of companies, observing good earnings across the board [2] - The company is not seeing major challenges in pricing, despite tariffs, particularly in the areas where it invests [4][5] - The market has largely absorbed current tariff levels without significant inflationary impact [6] - The company focuses on picking good businesses and credits, rather than relying heavily on maintenance covenants [11][12] Interest Rates & Market Outlook - The forward curve suggests five rate cuts over the next year, though the company considers this potentially aggressive [7] - Long rates, particularly the 10-year and 30-year rates, are key considerations given the size of the deficit [8] - The market is digesting the cost of capital, and current levels are not considered worrisome [8]