Powell: The Fed can cut interest rates faster or slower, Trump cannot fire me, it may be appropriate to slow down interest rate cuts in the future.
Powell stated that the fight against inflation is not over yet, core inflation remains somewhat high, the job market continues to cool down very slowly, the Federal Reserve will continue to cut interest rates, but if inflation cools down and the economy remains strong, the rate cut can be slower. In the short term, the US presidential election has no impact on monetary policy, future fiscal policy implications will be taken into account, and the US deficit and fiscal policy are economic obstacles.
Cross-market firecrackers are sounding! After the Federal Reserve's interest rate decision night, what is the probability of a rate cut in December?
①If measured by the comprehensive performance of cross-assets, yesterday may have been the best performing day of the year for the Fed interest rate day market; ②The Fed announced a 25 basis point rate cut to 4.5%-4.75% on Thursday as expected by the market, with a possible rate cut again in December; ③CME's FedWatch tool shows that traders currently expect a 25 basis point rate cut by the Fed in December with a probability of 67.8%.
From economics to immigration: Will Trump's new term policies trigger a financial crisis?
The s&p 500 index hit another historical high for the 48th time in 2024, with a pe ratio close to 31 times, now only slightly lower than 30.5 times before the internet bubble burst in December 1999.
The dust has settled on the election! How will the US stock market perform after each election? What other heavyweight schedules are worth paying attention to?
Apart from the Federal Reserve, China Merchants Securities also mentioned that the next 1-2 months are crucial periods to observe the impact of Trump's new policies.
"Red Wave" coming? Many experts predict the Republican Party will achieve a "three-peat" victory.
Currently, the Republican Party has already secured 210 seats in the House of Representatives, only needing to gain an additional 8 seats to maintain control of the House of Representatives.
Schroder Investment: How will Trump's victory affect the global economy and stock market?
He promised further tax cuts and regulatory easing, while imposing additional tariffs and tightening immigration policies, this series of policies will have a re-inflationary effect on the economy of the usa.