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Golden Morning News | List of important developments overnight on April 5

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2025-04-04 23:32:52
21:00-7:00 Keywords: Powell, interest rate cuts, US stocks
1. JPMorgan Chase warns that the US economy is in recession.
2. The United Nations Conference on Trade and Development warns of escalating global trade tensions.
3. Powell: The Federal Reserve's obligation is to maintain stable long-term inflation expectations.
4. Powell: The Federal Reserve maintains its expectation of two interest rate cuts in 2025.
U.S. stocks experienced the bloodiest week in five years, 3 trillion dollar market value evaporated;
6. The SEC issued guidance on stablecoins, stating that "regulated stablecoins" are not securities;
7. Powell says there is no rush to cut interest rates, analysts say the Federal Reserve cannot provide insurance for the economy.
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