Loading...
Odaily Planet Daily News: According to a research report by Zhongjin Research, the Federal Reserve's June meeting remains unchanged, which is in line with market expectations. Officials believe that policy uncertainty has decreased, but they have still lowered their growth forecasts and raised their inflation path judgments. The dot plot retains the judgment of two interest rate cuts within the year, but in details, the margin has become "eagle", indicating a cautious view within the Federal Reserve. Powell remains cautious about inflation risks and claims that no one has strong confidence in the interest rate path he has written down. We believe that the Federal Reserve has no intention of cutting interest rates in a hurry, and policymakers will not act rashly in the face of inflation when the economy allows for waiting. We maintain our previous view that the next rate cut by the Federal Reserve may be in the fourth quarter. (Golden Ten Data APP)