PENDLE breaks through $7.5 and continues to reach record high
Bitget market data shows that PENDLE broke through $7.5, continuing to hit a new all-time high, and is currently trading at $7.5213, an intraday increase of 19.77%. The market fluctuates greatly, so please control your risks.
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After Waller's hawkish speech, the market focuses on "rate hikes", but Morgan Stanley says balance sheet reduction is more likely.
After the Jackson Hole meeting, the market's focus has shifted to interest rate hike expectations. However, Morgan Stanley economist Carpenter pointed out that Walsh's long-standing stance on reducing the $7 trillion balance sheet should not be overlooked. It is expected that the Federal Reserve may begin a balance sheet reduction of more than $1.5 trillion next year, partially replacing rate hikes.
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