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China has "canceled a large number of" orders for Pork from the USA.
Data from the USDA shows that the scale of Pork Orders canceled by China from the USA has reached the largest since 2020.
Powell strongly countered at the closed-door IMF meeting, emphasizing that central banks must be free from political interference.
During a closed-door meeting of the International Monetary Fund (IMF), Federal Reserve Chairman Powell passionately expressed the importance of maintaining central bank independence in his speech to finance ministers and central bank governors from various countries. Powell's speech received applause several times from the audience.
What are CEOs of American companies saying during earnings reports season? The uncertainty is too high, High Stock Price Commodities are about to increase in price, and the tourism industry is the first to be impacted.
Prices of Autos, mobile phones, building materials, and other Commodities are about to rise, and ultimately, the Consumer will bear it all.
Has the US stock market finally stopped falling and started to rebound? Bank of America warns that the rise is only temporary, unless...
① The Chief Investment Strategist of Bank of America, Michael Hartnett, advises investors to Sell when the U.S. stocks and the dollar rebound, as uncertainty persists and the market may have further downside potential. ② Hartnett believes that a lasting stock market rebound requires three conditions: reaching a trade agreement in the U.S., the Federal Reserve cutting interest rates to lower government bond yields, and Consumer spending remaining resilient.
What did Trump say yesterday? Prohibiting members of Congress from trading stocks, and that Russia and Ukraine are "very close" to reaching an agreement.
In just one night, multiple pieces of news about Trump have emerged!
Appreciated by Trump, preparing to compete for the Fed chair? Former board member Warsh "bombasted" the Federal Reserve.
① Former Federal Reserve Board member Kevin Walsh harshly criticized the Federal Reserve, advocating for fundamental reforms to restore its credibility; ② He accused the Federal Reserve of overstepping its authority, undermining its independence, and fueling the expansion of US national debt and inflation.