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Chicago Fed Chair: Monetary policy is at a "critical moment", and the future rate cuts may slow down.
Goolsbee stated that the US economy is currently in a transition period, and it is a "critical moment" for monetary policy.
Fed Dovish Official: May Need to Slow Down Rate Cuts.
①Given the uncertainty and divergence about how low interest rates should go, Gurusbe has stated that it may be wise to slow down the pace of rate cuts as the target approaches; ②Within the Federal Open Market Committee (FOMC), Gurusbe is one of the most dovish officials, and he does not have voting rights on monetary policy this year.
Fading Fed Expectations Are Supportive – Scotiabank
The cloud of intercontinental ballistic missile suspicion drives gold higher, while bitcoin stands at 0.098 million dollars | Highlights for tonight.
1. Ukraine accuses Russia of launching an intercontinental ballistic missile at it; 2. Kremlin: No comment; 3. Huang Renxun turns the tide, nvidia's pre-market decline narrows; 4. Bitcoin surged to $0.098 million, concept stocks rose across the board.
US Dollar Flattens After Fed's Williams Delivers Dovish Comments
A potential 'fateful showdown' between Trump and the Federal Reserve! Top economists issue a warning!
Former IMF chief economist Blanchard said that Trump's economic policies may lead to an overheated economy and high inflation, forcing the Fed to raise interest rates again. The three pillars of Trump's economic plan, tariffs, immigration policy, and tax cuts, may all cause inflation to rise. As a result, the Fed may raise interest rates again, strengthen the dollar, which is not what Trump hopes for.