So here's the thing—the Fed's been sending mixed signals lately, and Schmid just laid it out pretty clearly: inflation is still running way too hot. The Fed isn't even thinking about easing up right now; they want to keep policy modestly restrictive for now. This matters because a lot of folks in the crypto space are betting on rate cuts coming soon, but according to Schmid, cutting rates too early could actually backfire and push inflation higher. Plus, with job growth already slowing down, dropping rates might just pump up prices without actually helping the labor market recover. It's one of those situations where conventional wisdom (everyone wants lower rates!) doesn't necessarily match what's actually needed for the economy.

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RealYieldWizardvip
· 12h ago
So the Federal Reserve still wants to continue suppressing inflation. The crypto community's hope for rate cuts is probably going to be disappointed...
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CoconutWaterBoyvip
· 01-17 22:52
Wait, is it the same story again? The Federal Reserve says it's tightening while hinting at easing, and us crypto folks are just waiting here for rate cuts... Turns out they never really planned to loosen.
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MevTearsvip
· 01-17 14:35
ngl schmid's recent words are quite harsh. The crypto circle is still waiting for a rate cut, but it turns out they have no such plans... --- Wait, inflation is still this high? Are we catching the bottom at the cost of getting cut? --- It's always like this. What the market wants and what the economy needs are completely different. I just want to know who will win this time. --- The rate cut dream is shattered, folks. The old monster inflation hasn't been defeated yet. --- So, those rushing to catch the bottom must be feeling pretty uncomfortable... The Fed is clearly aiming for a hard landing.
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BlockchainArchaeologistvip
· 01-16 00:23
ngl is once again fooling us into thinking about interest rate cuts. This trick is old... Schmid is right, cutting early is like shooting yourself in the foot.
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zkProofGremlinvip
· 01-15 18:57
Haha, so everyone is still dreaming of rate cuts? Wake up, Schmid already said, there's no chance right now. Wait, even employment growth is starting to fall behind, and rate cuts would actually push up prices? That logic is pretty bleak. No, the crypto circle really overthink things. The Fed doesn't care about your coins at all. So, according to him, we have to wait for rate cuts, and in the short term, we still have to endure high interest rates, that old buddy. This time, it's really "what everyone is thinking" rather than "what should be done," which is quite ironic. But on the other hand, with inflation so stubborn, I actually think the Fed's attitude isn't wrong... it's just that crypto enthusiasts might be disappointed. Now, the mindset of buying coins might need to shift from "waiting for rate cuts to enjoy a wave" to "damn, we still have to endure the pressure."
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OnchainUndercovervip
· 01-15 18:54
Laughing to death, it's the same old "inflation hasn't cooled down" argument, Schmid didn't boast this time --- Our group of crypto people are just too naive, really thinking that a rate cut is just around the corner --- So, there's no rush. Inflation is like a scam coin in the crypto world, it can't be brought down easily --- Alright, I admit it, in the short term, we still have to face the Fed's hammer --- That's why I don't believe in macro narratives, I only trust the data to speak --- Schmid's one sentence burst the crypto world's dream, if I had known it would be like this, I would have gone all in on spot holdings --- Hey, wait a minute, does that mean now is a good time to bottom fish? --- Whether or not there's a rate cut, at the end of the day, it's because inflation hasn't truly passed, this logic makes sense
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MetaverseVagrantvip
· 01-15 18:51
Haha, coming to trick us into cutting interest rates again? The Fed really outdid itself this time. Hodlers, keep dreaming; inflation isn't that easy to control. So now, those waiting to enter the market for a rate cut will just have to take the hits. The Fed just wants to hold back for now; a rate cut is a story for later... Inflation is still burning, and a rate cut isn't realistic, everyone.
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OnChainSleuthvip
· 01-15 18:50
NGL, this is really awkward now. A bunch of people in crypto dream of rate cuts, but Schmid directly broke the illusion... Inflation remains stubborn, and the Fed definitely won't ease up in the short term. --- Rate cuts seem great, but in reality, they are poison... Starting to loosen policy before inflation is under control—aren't they just asking for trouble? --- So, the traditional wisdom that "rate cuts are the most enjoyable" is just a paper tiger in the face of reality. The economic fundamentals are right here. --- Wait a minute... Do they really think they can cut rates now? Job growth is already slowing down, and they still want to play with fire—this is unscientific. --- The core issue is: rate cuts = price increases, but they can't save employment... Schmid's words are like a cold shower for the crypto community.
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GweiTooHighvip
· 01-15 18:49
NGL Schmid's words directly burst the crypto circle's rate cut dream. With inflation still so outrageous, are they really going to cut interest rates? That's just pure comedy.
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SleepyArbCatvip
· 01-15 18:47
Damn... they're already talking about interest rate cuts again. The crypto circle really needs to wake up.
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