Is it an eagle or a dove? Federal Reserve's Goolsbee: I am a "dog".

① With the unclear inflation outlook under the trade war, many Federal Reserve officials are currently waiting for more data before making any decisions on interest rate cuts; ② Chicago Fed President Goolsbee described himself on Wednesday as a "data dog," stating that he just wants to better assess the economic situation.

cls.cn16minutes ago

The founder of a U.S. hedge fund company stated that the U.S. economy is likely to slow down due to the threat of tariffs.

On May 15, Glonghui reported that Steven Cohen, founder of the USA hedge fund company Point72, stated on May 14 local time that he believes the USA economy is very likely to slow down due to tariff threats. At an investment conference held in New York, Cohen stated: "We believe that the Federal Reserve will not take action immediately, as it will still be concerned about the inflation issues brought by tariffs." Cohen predicts that the USA's GDP will grow by 1.5% next year.

Gelonghui Finance41minutes ago

Making Trump happy! Can the wealthy sheikhs of the Middle East really come up with "trillions" so easily?

There is a significant gap between the economic and fiscal capabilities of the Gulf countries and these huge numbers they have committed to; Saudi Arabia's GDP is just slightly above one trillion dollars, and Qatar's GDP is only a little over two hundred billion dollars, while fluctuations in oil prices may further threaten the realization of these commitments.

wallstreetcn09:33

The President of the San Francisco Federal Reserve, Daly, strongly supports Powell's hawkish view: The Federal Reserve is in no hurry to cut interest rates.

Mary Daly, the President of the Federal Reserve Bank of San Francisco, stated that the strength of the USA economy allows policymakers to patiently wait for more evidence to understand how the Trump administration's policies will affect businesses and households.

Zhitong Finance08:58

Officials from the USA and South Korea are reported to be discussing Forex policy.

According to Reuters, financial authorities from the USA and South Korea met on the 5th of this month during the 58th Asian Development Bank annual meeting held in Milan, Italy, to discuss the Forex policies of both countries. It was reported that Choi Ji-young, South Korea's Deputy Minister of International Affairs, and Robert Kaproth, the USA's Assistant Secretary of International Finance, led the meeting. The report stated that during the "2+2" meeting held last month in Washington, both countries' finance ministries agreed to hold separate discussions on the exchange rate market for the US dollar and the South Korean won.

AASTOCKS08:31

San Francisco Fed President: The USA economy remains strong, can patiently observe the impact of Trump's policies.

Mary Daly, President of the San Francisco Federal Reserve Bank, stated that due to the strong economy in the USA, the Federal Reserve officials can patiently observe how the policies of the USA government will impact businesses and households. She mentioned that stepping back from uncertainty reveals that the USA economy has solid growth, a stable labor market, and declining inflation momentum, which is the state the Federal Reserve hopes the USA economy can reach. She believes that the current monetary policy of the Federal Reserve is well-positioned to cope with the various impacts of President Trump's policies on taxes, trade, immigration, and deregulation.

AASTOCKS08:24