The press conference of Federal Reserve Chairperson Powell is where the market is most concerned. The current basic situation is that in the absence of government data, Federal Reserve Chairperson Powell will maintain the status quo and will not reveal much in terms of forward guidance. The only thing that could surprise the market is that he shows uncertainty about the December rate cut, which is likely to be seen as a hawkish surprise, because the market is currently confident about the Decemb...
The market generally expects the Federal Reserve to cut interest rates by 25 basis points and adjust the policy rate to 3.75-4%. At the same time, it is expected that the central bank will announce the end of quantitative tightening (QT). There will be no quarterly economic forecast report at this meeting, so the focus will be mainly on Powell's press conference. It is expected that Federal Reserve Chairperson Powell will once again characterize the rate cut as a risk management move, and in the...
Important news 1. At 03:00 am Beijing time on the 18th, during the press conference of Federal Reserve Chairperson Powell, US President Trump will be interviewed by Fox News in the UK, and may comment on the Federal Reserve's actions at that time. Stock news 1. Google Gemini overtakes ChatGPT to top the Apple App Store. 2. Ford Motor (F. N) cuts another 1,000 jobs in Germany as demand for electric vehicles continues to weaken. 3. Eli Lilly (LLY. N) will invest 5 billion US dollars to build a fac...
After the Fed decision and Powell's press conference, investors trimmed their bets on a rate cut slightly. CME's Fed Watch tool showed that the futures market sees a 42% chance of one or fewer rate cuts before the end of the year, up from 35% on Tuesday. The implied probability of two or more rate cuts in the market has declined.
The Federal Reserve has become a foregone conclusion, and Powell's press conference is expected to be full of interest. The premise for gold to start a new round of rally is... Click to view...
Renowned economist Peter Schiff believes that the reaction of commodities after last week's Powell press conference confirms the fact about inflation Click to view>& Gt;