Loose cycle meets "tariff wall", ex-Fed officials warn: Don't count on four rate cuts next year!
① Cleveland Fed former chair Mester said that if Trump's proposed global tariffs take effect, the Fed may cut interest rates less than expected next year; ② Mester stated that the market expects the Fed's rate cut to be less than the previous four times, which may be correct.
US stock early trading | The three major indexes generally declined, nvidia rose nearly 2% against the trend; high-performance stocks surged! Shopify rose more than 23%, sea rose over 15%
As of press time, the three major US stock indexes generally fell, with the Dow Jones index down 0.11%; the Nasdaq down 0.04%; the S&P 500 index down 0.07%.
Fed's Waller Says Central Bank Should Limit Its Role in Payment Systems
Will the chip stocks that lead the US stock market into a bull market soon see a new round of 'crazy bull run'?
After the chip stocks experienced a sell-off, research teams from major Wall Street banks indicated that it's almost time to buy chip stocks again.
Trump may be 'friendly' with the Federal Reserve on the issue of independence.
Analysts say that keeping the Federal Reserve independent would be the 'best and easiest choice' for Trump to achieve his preference for low interest rates.
Trump Trade 2.0 Continued Amid Caution – DBS