Federal Reserve dovish officials: Inflation has decreased significantly, and a moderate interest rate cut is expected next year.

① The Chicago Federal Reserve Chairman Goolsbee stated on Friday that he slightly lowered his forecast for next year's interest rate cuts but still expects the Federal Reserve to moderately cut rates next year; ② As a dovish official, Goolsbee will replace Cleveland Federal Reserve President Harmack next year and become a new voting member of the Federal Open Market Committee (FOMC).

cls.cn03:08

Is the Federal Reserve turning hawkish? Morgan Stanley: I have seen this episode!

Morgan Stanley stated that the timing and magnitude of interest rate cuts depend on the implementation progress of the restrictive policies of the new Trump administration. However, the impact of these policies on economic activity may also be delayed. Therefore, while the Federal Reserve is currently hawkish, it may turn dovish later.

wallstreetcnDec 21 17:41

Why did the U.S. stock market rebound significantly? It comes from the key statements of this dovish Federal Reserve member.

Previously, he hinted that there might be a slowdown in the pace of interest rate cuts in 2024, which once sparked a reduction in market expectations for interest rate cuts next year. After seeing the latest inflation data, his recent remarks reaffirmed support for interest rate cuts, which undoubtedly provided a boost to the market.

wallstreetcnDec 21 15:40

Dominant market "narrative": Powell VS Trump.

After the Federal Reserve announced its interest rate decision, the U.S. stock market nearly erased all the gains since Election Day, reflecting a divergence in market narratives: last month's surging "Trump narrative" has cooled down, while the Federal Reserve's "hawkish" stance has shifted market focus back to inflation factors.

wallstreetcnDec 21 14:27

The Federal Reserve's "third-in-command": It is expected that interest rates will continue to be cut in the future, and the impact of Trump's policies has begun to be considered.

①Williams stated that he expects the Federal Reserve to implement more interest rate cuts, but the decision on rate cuts will depend on subsequent data, as monetary policy still suppresses economic growth momentum; ②Williams acknowledged that the impact of Trump's policy agenda has begun to influence his economic outlook.

cls.cnDec 21 14:24

The "farce" of the USA government shutdown crisis is over! The Senate has passed a stopgap spending bill.

The bill ensures that the USA federal government continues to receive operational funding, extending the funding period from this Friday night to mid-March next year.

cls.cnDec 21 14:22