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Economist Wang Fuzhong wrote: Trump's interest in cryptocurrencies seems to be quite large, not only the family is ugly to issue coins, but also recently expressed the hope that the United States will become the capital of the cryptocurrency world. However, Trump's concern is not a good thing. Trump is very controlling and unwilling to abide by any rules. Acting entirely on his own interests and preferences. If he follows some people's clamor and adds bitcoin to the strategic currency reserve, i...
Allianz Chief Economist Erian wrote that Powell will face a challenge in Jackson Hole this week, and he needs to use this golden opportunity to re-establish the effectiveness of his forward policy guidance, otherwise it may further damage its policy effectiveness and reputation. Some prominent Wall Street analysts and financial observers have called on the Federal Reserve to implement an urgent intersession rate cut immediately, which is unnecessary and may even be harmful. (Golden Ten)
The latest article by "Federal Reserve Speaker" Nick Timiraos said that Federal Reserve Chairperson Powell said today that the recent slowdown in inflation and economic activity is generally in line with the Federal Reserve's expectations, but he still refused to say whether this is a reason for the Federal Reserve to cut interest rates at its policy meeting later this month. The inflation report released last week showed that the economy is generally improving, which has prompted some private a...
