When the Federal Reserve does not cut interest rates this week, prepare for Trump's "indiscriminate bombardment"."
Internet reports that this week, the Federal Reserve, which remains independent, will definitely keep interest rates unchanged. There is no doubt that the economy is weakening, but not yet to the point where policymakers are forced to react too strongly. Especially if price pressures (especially personal consumption expenditures) continue. In this context, the potential impact of tariffs will surely make the Fed vigilant. Judging from the current situation, the market has not included expectations of interest rate cuts this week. Trump reiterated over the weekend that he had no intention of firing Powell, but please note that he also took time out during the weekend to post an article saying: There is no inflation, the Federal Reserve should lower interest rates! So if the Fed doesn't do so this week, we will see how sharp Trump's eyes on Powell will be. It is not ruled out that Trump will once again lash out at Powell over this decision. (Jin Shi)
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