Powell may affect the election, and the direction of the Fed's policy is yet to be determined

The 6th interest rate meeting of the Federal Reserve in 2024 will be held from September 17 to 18. In the context of the election, both Trump and Harris will criticize the current economic problems in the United States. The policy turning point of the Federal Reserve will be regarded as a political achievement in support of a certain candidate. Powell has released a signal of a US dollar interest rate cut, saying that it is time to adjust the policy, and the timing and pace of the interest rate cut will depend on data, prospects and risk balance. Spot contract Junyang 👉@点这里 加密乘风

However, from the perspective of Sino-US competition, if the US dollar interest rate hike cycle is hastily withdrawn without achieving the strategic goal, does it mean that the US dollar cycle strategy has failed? Will the United States surrender? The Biden administration team is conducting the final consultations between China and the United States, and time is running out.

The chairman of the Federal Reserve has almost nothing to do with the US presidential election cycle, so we should not speculate whether the Fed will raise interest rates against the wind, maintain high interest rates, or choose to cut interest rates. We should respond according to the actual choices of the Federal Reserve. Powell emphasized that now is the time to adjust policies, the direction forward is clear, and every effort will be made to support a strong labor market and strive for progress in price stability. The appropriate convergence of policy constraints gives us reason to believe that the economy will return to a 2% inflation rate while maintaining a strong labor market. The current level of the policy interest rate provides us with ample room to deal with any risks we may face. #Telegram创始人获保释 #英伟达财报 #OpenSea收到韦尔斯通知 #以太坊基金会 #新币挖矿DOGS