Mitsubishi UFJ Analyst: Uncertain Prospects for Fed Rate Hikes, Market Reaction May Be Lackluster
2026-08-28 22:54:32
According to CoinMeta, Mitsubishi UFJ analyst George Gonsalves stated that next month, the market will face a test of patience regarding whether the Federal Reserve will raise interest rates back to a 50-50 split. He pointed out that the market's reaction to Fed Chairman Jerome Powell's speeches may become increasingly indifferent, unless Powell drives FOMC into a continuous cycle of rate hikes. If the speeches remain tough but no rate hikes occur in the following meetings, then the market's response will weaken, and ultimately, there may be a risk of losing the long-term market in the fourth quarter.
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Source:Jin10 Data
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