Hawks cut interest rates again! The Federal Reserve fell for the second time in a row as scheduled, but Powell denied that the December interest rate cut was "DingTalk on the board". The "rift" inside and outside the Federal Reserve seems to be widening... A picture to understand the Federal Reserve's October interest rate decision
Federal Reserve Chairperson Jerome Powell and his colleagues will enter next week's interest rate meeting against a complex backdrop of intensifying political pressure, shifting trade policy and conflicting economic signals. The decision coincides with a rare data-intensive week in which the US government will release back-to-back GDP, employment reports and the Fed's core inflation measure. Despite widespread expectations that the Federal Reserve will stand still again,...
On April 17, according to 4E monitoring, Powell's latest speech warned that the tariff increase far exceeded expectations and may face challenges in inflation and the economy, suggesting that the Federal Reserve will give priority to controlling inflation, and reiterated that it will maintain a wait-and-see stance, denying that the market will cut interest rates to rescue the market when it falls sharply. Affected by this hawkish remarks, the three major US stock indexes collectively fell sharpl...