Gina Bolvin, president of Bolvin Wealth Management Group, expects the Federal Reserve to cut interest rates by 25 basis points this week and in December. She said that for long-term Treasury yields to fall significantly, there must be clear evidence that the Federal Reserve's interest rates are moving towards the 2% level. Bolvin pointed out that the biggest risk facing the market now is that if employment remains elastic, policies to support economic growth may put pressure on inflation, the Fe...
Bolvin财富管理集团总裁Gina Bolvin预计,美联储本周和12月将降息25个基点。她表示,要让长期美债收益率显著下降,必须有明确证据表明美联储的利率正走向2%水平。Bolvin指出,目前市场面临的最大风险是,如果就业保持弹性,支持经济增长的政策可能对通胀构成压力,美联储将不需要像市场预期的那样降息,债市需重新定价。(金十)
Gina Bolvin, president of Bolvin Wealth Management Group, said the Fed's 25 basis point rate cut sent a clear signal. She pointed out that the weak labour market and stubborn inflation have pushed policymakers to act, but the pace is gradual. Bolvin stressed that this is not a policy shift, but a prudent move, and future inflation and employment data will determine the follow-up path. (Jin Ten)
Bolvin财富管理集团总裁Gina Bolvin表示,美联储25个基点的降息释放了明确信号。她指出,劳动力市场疲软与顽固通胀已推动政策制定者采取行动,但步伐是渐进的。Bolvin强调这并非政策转向,而是审慎举措,未来通胀和就业数据将决定后续路径。(金十)