The Fed has loosened its stance and started to let out that it is going to cut interest rates. Otherwise, it will not be easy to keep holding high interest rates. As the saying goes, if there is one, there will be two, and if there is two, there will be three. Especially for institutions like the Fed that change their orders every day and stick to their own opinions, everyone should be prepared for the recent interest rate cuts! The big bull market is about to come!
Federal Reserve Harker: Based on current forecasts, it is appropriate to cut interest rates once in 2024
On June 18, Federal Reserve Harker said that based on his current forecasts, he believes that it is appropriate to cut interest rates once this year, which emphasizes the signal that interest rates may remain high. "If everything goes as expected, I think it will be appropriate to cut interest rates once before the end of the year," Harker said. "In fact, I think it is very likely that there will be two or zero rate cuts this year, depending on which direction the data goes. So we will still rely on the data." The Philadelphia Fed president currently expects economic growth to slow, but still above the trend line, and unemployment to rise moderately. He also believes that falling back to the Fed's inflation target will be a "long process." (Jinshi)
In addition, I will teach you another trick:
Click on the yellow currency symbol in the post to buy and sell spot, and click on the rectangular currency price trend chart to trade contracts. It is very convenient.