The Federal Reserve has made a rare and significant cut of 50 basis points! Powell: Don't think this is a new pace of rate cuts.
Federal Reserve Chairman Powell's hawkish comments indicate that the Fed's economic forecast summary does not indicate any urgency to cut interest rates. Monetary policy decisions will be driven by data, and rate cuts will be accelerated, slowed down, or paused as needed. He stated that the increased downside risks to US employment are worth watching, and the subsiding upside risks to inflation are encouraging, but the fight against inflation is not yet won. The Fed does not have a predetermined policy path and will decide on actions at future meetings.
Here comes the full text! Powell's press conference was quite hawkish, causing a major reversal in assets. What did he say exactly? (Chinese-English Comparison)
If the economy remains stable and inflation continues to exist, the Federal Reserve will switch to cutting interest rates more slowly; if the labor market unexpectedly weakens or inflation decreases faster than expected, it is also prepared to respond with aggressive interest rate cuts.
Materials Select Sector SPDR ETF Options Spot-On: On September 18th, 223.55K Contracts Were Traded, With 369.67K Open Interest
On September 18th ET, $Materials Select Sector SPDR ETF(XLB.US)$ had active options trading, with a total trading volume of 223.55K options for the day, of which put options accounted for 49.47% of
Freeport-McMoRan Shares Are Trading Higher in Possible Sympathy With the Broader Market After the Fed's Policy Decision to Cut Rates by 50 Basis Points.
S&P 500, Gold Strike All-Time Highs After Fed Cuts Rates For First Time In 4 Years, Stocks Climb
Shares of Gold Stocks Are Trading Higher in Sympathy With Overall Market Sentiment After the Fed Policy Decision to Cut Rates by 50 Basis Points.
20 S&P 500 Stocks That Move The Most When The Fed Starts Cutting Interest Rates
Wells Fargo Sees Further Rally in Home Improvement Stocks If Fed Sets Measured Guidance
Over a hundred former Republican officials have written an open letter supporting Harris: Trump is not suitable to regain the White House.
① These Republican officials have served in institutions such as the White House, Department of Defense, Department of the Treasury, Department of State, Department of Justice, Department of Homeland Security, and Congress; ② These officials expressed that although there may be policy differences with Harris, compared to the "chaos and unethical behavior" displayed by Trump, these concerns are insignificant.
BMO Capital Maintains Market Perform on Nucor, Lowers Price Target to $160
Nucor Analyst Ratings
Will the Federal Reserve welcome its first interest rate cut in four years? Will gold have a bright future?
Not just a simple rate cut! This Fed meeting has a lot of information, investors must fasten their seat belts tonight.
Wall Street's "short god": If Harris is elected, he will hold gold and cash.
During the financial crisis, the Wall Street 'God of the Void' Paulson warned that Harris's economic policies would cause investors to panic and lead to the collapse of american financial. If she wins, he will withdraw his money from the market.
[Breaking News] US stocks turn downward, Dow drops 100 points, FOMC begins.
The US stock market turns down, Dow down 100 points, FOMC begins.
Watching Newmont; Hearing Co CFO Says Akyem Sales Process Is In 'Advanced' Stage
Newmont Analyst Ratings
Nucor Guides Q3 Earnings Well Below Wall Street Consensus
4 Stocks to Watch on Tuesday: PLTR, MSFT and More
Sector-wise Weekly ETF Flows - Money Pours Out of Financials and Into Consumer Staples
Will copper prices soar in the long term? BHP Group Ltd: The AI wave will intensify the copper shortage.
①Although the global copper market is currently in a stage of weak demand, mining giant BHP Group Ltd warns that future copper demand will soar to a large extent due to the wave of artificial intelligence; ②BHP Group Ltd warns that copper is a key metal in the transition to clean energy, and the development of artificial intelligence will exacerbate the copper shortage problem.