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Bitunix Analyst: Food Industry Seeks Tariff Exemption, Inflation and Rate Cuts Tug Market Expectations
Summary: According to reports, the US food industry, highly dependent on imports, is seeking tariff exemptions to avoid price hikes that could drive up inflation. With Trump imposing additional tariffs, the industry's vulnerability is further highlighted. The market is also focused on the Fed's September meeting, with Chairman Powell hinting that weak employment may justify rate ...
According to reports, the US food industry, highly dependent on imports, is seeking tariff exemptions to avoid price hikes that could drive up inflation. With Trump imposing additional tariffs, the industry's vulnerability is further highlighted. The market is also focused on the Fed's September meeting, with Chairman Powell hinting that weak employment may justify rate cuts, with investors generally expecting a 25 basis point cut. History shows that rate cuts after prolonged stagnation benefit the stock market, but the price pressure from tariffs may offset some of the easing effects.
In the crypto market, ETH has hit new highs driven by optimism, with a strong support range of 4,600–4,650 shown on the liquidation heat map, while liquidity is concentrated in the 4,850–4,880 range.
Bitunix analysts suggest:
The US is entering a stage where rate cuts are positive while tariffs and inflation are pulling in opposite directions. If food prices continue to rise, the Fed's easing space may be limited. Investors need to monitor changes in PCE and non-farm data. Short-term sentiment is bullish, but caution is needed in the medium term as rate cut benefits may be offset by inflation. Keep an eye on ETH support at 4,600–4,650 and resistance at 4,850–5,000.
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Link: Bitunix Analyst: Food Industry Seeks Tariff Exemption, Inflation and Rate Cuts Tug Market Expectations [Copy]
