Powell is in big trouble again, and the Federal Reserve may be forced to cut interest rates by 300 basis points.

The former president of the New York Federal Reserve has recently warned that the easing of trade tensions could become a "poison" for the Federal Reserve, making monetary policy more difficult to manage, and that there can only be sympathy for Powell.

Golden10 Data50minutes ago

Is the situation set? The US dollar is headed for long-term depreciation!

Deutsche Bank stated that the current extreme valuations and positions make the dollar particularly susceptible to shocks. Data shows that the dollar has been overvalued by more than 20% relative to purchasing power parity (PPP) for three consecutive years, which is unprecedented in history. The valuation of USA Stocks has also reached a historical high compared to other Global markets, with a PE premium of up to 60% a few months ago.

wallstreetcn11:39

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.cn10:56

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 Finance10:31

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