Former top three at the Federal Reserve: the Fed will ultimately cut interest rates, but later than expected by the market, pay attention to these two key indicators.
Dudley believes that the US economic growth will gradually slow down, and the interest rate level will remain high for a longer time. The neutral interest rate level may rise to 3.6%, and the key indicators to be monitored in the future are the unemployment rate and core service inflation.
Recent "bearish singing in turn" on Wall Street: If the US economy declines, US stocks may fall back.
Peter Berezin, Chief Global Strategist of BCA Research, has lowered the annual target for the S&P to 3750 points, believing that the softness in consumer demand caused by the slowdown in the labor market is the biggest bearish trend for US stocks.
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Tonight, we will focus on the PCE price index! The Federal Reserve's favorite inflation indicator may experience a milestone decline.
The Federal Reserve has been waiting for good news on inflation for a whole year.
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The slowdown in growth is being confirmed in every corner of the US economy, is the Fed's first interest rate cut getting closer and closer?
Data released on Thursday showed that US personal spending was revised downward in the first quarter, and core capital goods orders and pending home sales both declined significantly in May. How long can the Federal Reserve continue to chant the "higher for longer" slogan?
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U.S. stocks closed with a thrilling increase in all three indexes, with most technology stocks rising. Amazon rose more than 2%, once again reaching a historic new high.
S&P 500 rose 0.09%, Dow Jones rose 0.09%, and Nasdaq rose 0.3%; chip stocks continued to decline, with Nvidia falling nearly 2%; Chinese concept stocks weakened, with Xiaopeng falling nearly 7% and JD.com falling more than 4%.
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