Fed's Powell Studies Tariff Inflation Impact
- Research Context: Fed Chair Jerome Powell confirmed that the central bank is conducting a detailed analysis of the assumption that tariffs only cause a one-time price increase, which is particularly significant during this sensitive period for trade policy and may influence future monetary policy decisions.
- Hypothesis Examination: The study will focus on examining the pass-through effects of tariffs to consumers, including how much of the tariff cost is passed on and its potential impact on wage demands and overall inflation, providing a clearer framework for market policy responses.
- Market Reaction: If the study concludes that tariff impacts are one-time, the Fed may be less inclined to raise rates in response to trade-related price spikes, signaling a dovish stance to the markets; conversely, if persistent inflation is found, a more hawkish policy may be adopted.
- Economic Impact: The findings will not only affect monetary policy but also have profound implications for businesses relying on imported materials and consumer budgets, as companies will need to adjust strategies based on the conclusions, while consumers must consider how price stability affects their purchasing power over time.
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Technical Analysis for IMX
Technical Sentiment Analysis for Immutable (IMX). As of , Immutable (IMX) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 3 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for IMX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, IMX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Immutable (IMX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.129 | 0.146 | 0.164 | 0.181 | 0.199 | 0.217 | 0.235 |
| Fibonacci | 0.146 | 0.16 | 0.168 | 0.181 | 0.195 | 0.203 | 0.217 |
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