Inflation Data, Trump-Harris Debate, ECB Decision: What to Watch This Week
American economists warn that even the Federal Reserve's interest rate cuts cannot prevent an economic recession.
Prominent American economist Peter Schiff issued a harsh warning to the US economy on Tuesday, stating that the Federal Reserve's interest rate cuts cannot prevent an economic recession.
US stocks rebounded, shocking Wall Street! This week's focus will shift to the "Hart's first debate" and CPI data.
①After last week's sharp drop in US stocks triggered by economic concerns, a new wave of bottom-buying stimulated a rebound in the stock market on Monday; ②Looking ahead to this week, traders are closely watching the US inflation data scheduled for release on Wednesday, in search of clues on the scale of the Fed's interest rate cuts; ③In addition, the first presidential debate between Harris and Trump on Tuesday night also attracted the attention of many industry insiders.
How will the election results affect the US stock market? Let's first see what tonight's 'Hart First Debate' has to say...
①Vice President Kamala Harris and former President Donald Trump will kick off a "debate duel" on Tuesday (the 10th) Eastern Time; ②For Wall Street, amid the uncertainty of the job market, interest rates, and geopolitical issues, this duel may add another layer of volatility.
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