Markets may be concerned about the Federal Reserve's initial impression of the Trump administration
2025-01-28 13:46:55
Geoff Yu, EMEA market strategist at Bank of New York, said that the Federal Reserve's federal funds rate is expected to remain unchanged this week, and the market may pay more attention to the Federal Open Market Committee's initial impression of the Trump administration. He said that this will certainly be a central issue at the press conference of Federal Reserve Chairperson Jerome Powell. He said that Bank of New York believes that the macroeconomic outlook is little changed compared to December last year, and the Federal Reserve may admit that further easing will be gradual, but still depends on the data. (Jin Ten)
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