TMF240816C45000
- 12.40
- +1.02+8.96%
Direxion Daily 20+ Year Treasury Bull 3X Shares ETF Newsroom
Before the annual meeting of the central bank, the Federal Reserve's voting committee hinted that inflation had been controlled and supported gradual interest rate cuts.
Mary Daly has the voting right for the September FOMC meeting, and she called for a "prudent" approach. "Gradualism is not weak, slow, or backward, it is just cautious. Although the labor market has slowed down, it is not weak."
The annual global central bank feast! This week, all attention will be focused on this 'USA town'.
For Wall Street, besides the regular eight Federal Reserve meetings every year, perhaps the most notable on the macro monetary policy level is the annual Jackson Hole Global Central Bank Conference hosted by the Kansas Fed; This year's conference will be held on August 22-24 Eastern Time.
What to Expect in the Week Ahead (TGT and Palo Alto Earnings; FOMC Minutes and Powell's Jackson Hole Speech)
Jackson Hole Roadmap: Understand "The Most Important Meeting Next Week" in One Article
Chairman Powell of the Federal Reserve and Governor Bailey of the Bank of England will give speeches one after another. The media will also interview officials of all sizes about policy prospects. Goldman Sachs believes that Powell will send signals of "rate cut confidence" and "data dependence".
Senior officials from the Federal Reserve are sounding the alarm for impending recession: warning signals for the economy and employment are flashing!
Next year, Piotr Gulczyński, the chairman of the Polish National Bank, stated that there is a risk of continuously rising unemployment rates. The Federal Reserve may need to cut interest rates before the job market weakens further, otherwise it may act too late and jeopardize the economy.
Fed rate cut is imminent! Wells Fargo & Co: the US stock market will usher in a bull market comparable to 1995.
Paul Christopher, global investment strategist of Wells Fargo & Co, said that the US stock market is about to see an unprecedented rise in 30 years; the current market has similarities with the market in 1995, when the stock market was booming and the S&P 500 index hit 77 historical highs; investors may currently face an environment similar to that of 1995-inflation is declining, and the economy has not collapsed.
JPMorgan CEO Damian: Using the 'Buffett Rule' to combat the rich may be a solution to the US debt problem.
Damon believes that to reduce the financial burden, we can follow the Buffett rule and levy more taxes on the wealthy, that is, families with annual incomes exceeding 1 million US dollars should pay no less tax than middle-class families.
Unexpectedly strong July retail sales data helping to push up US bond yields.
The unexpectedly strong July retail sales data released on Thursday eased concerns over the US economic downturn and led to the largest single-day increase in the two-year US Treasury bond yield in four months.
Initial jobless claims drop to the lowest level since July! The expectation of a recession in the USA has eased, and a 'soft landing' is on the table.
The number of initial unemployment claims in the United States has been declining for two consecutive weeks, and the latest initial unemployment claims have dropped to the lowest level since early July.
Express News | US July Retail Sales MoM +1.0% Vs +0.3% Forecast, Prior -0.2%
US CPI is finally below 3% for the first time in three years. It's time to worry about other things.
Risks of housing inflation remain, signs of soaring oil prices may bring huge impact, and Fumio Kishida's withdrawal from the election exacerbates economic uncertainty.
"Anti-inflation task completed"! Experts call for the Fed to cut interest rates: rental normalization has begun.
Economists say a key indicator shows that prices are returning to normal levels.
Fed committee member 'loosens lips': 'holds an open attitude' towards rate cut in September, can't risk relaxing policy too late
FOMC voter and President of Atlanta Federal Reserve, Bostic, stated that action must be taken as soon as possible considering the continuing cooling of the labor market and the lagging of central bank policy. It is worth noting that just the day before this statement, Bostic reaffirmed his position of rate cuts at the end of the year.
Will July Retail Sales Confirm a Soft Landing -- or Fuel Recession Fears?
How does Wall Street view CPI? The increase in housing inflation will not hinder the trend of interest rate cuts, and traders are betting on a 25 basis point rate cut in September.
Wall Street analysts have indicated that the July CPI data may further pave the way for the Fed to lower interest rates by 25 basis points in September. Next, the Fed will focus on the labor market. If employment weakens, a larger cut of 50 basis points may be needed. Some analysts have said that although housing inflation has ceased its downward trend, it is not a major concern.
2-year Treasury Yield Holds Steady After July's Mild CPI Report
US inflation has cooled for four consecutive months in July, and employment data has become the "roadblock" to the last interest rate cut by the Federal Reserve.
In July, the inflation rate in the USA has dropped for the fourth consecutive month, which gives the Federal Reserve the possibility to decrease interest rates next month.
Goldman Sachs: The US CPI in July is of great concern, but more sensitive to retail sales and jobless claims data this week.
Goldman Sachs Senior Market Consultant Dom Wilson said on Tuesday that investors are preparing for the release of US CPI data for July on Wednesday, but as concerns about economic growth intensify, investors will also remain sensitive to other data this week.
A major shift in global capital funding! The proportion of stock allocation has dropped sharply, and the era of 'cash is king' is coming.
Bank of America's global fund manager survey released on Tuesday showed that institutional investors have increased their allocation to cash assets since August, as global economic growth expectations hit an eight-month low and U.S. recession expectations rose.
Will the rebound of the US stock market be inevitably rocky with the arrival of "Super Data Week"?
It is now market consensus that inflation is declining. This week's retail and first application data may be more important than PPI and CPI. "From now on, the data will tell us about the US economy: whether it is gradually slowing down or plummeting abruptly."