Group 1 - The Federal Reserve is unlikely to cut short-term interest rates due to pressure from President Trump, which could damage its reputation and investor confidence in U.S. Treasury bonds [1] - Financial markets expect the Federal Reserve to maintain short-term interest rates in the upcoming meetings, with potential cuts not anticipated until July, possibly by only 25 basis points [1] - Trump's criticism of the Federal Reserve and his potential appointment of Powell's successor are causing investor anxiety, leading to a sell-off of bonds by foreign investors [3] Group 2 - Inflation expectations are declining, with the five-year breakeven inflation rate dropping to 2.33%, down from over 2.6% in February [2] - Economic uncertainty caused by Trump's tariff measures has led to a significant downgrade in the Atlanta Fed's second-quarter growth forecast from 2.4% to 1.1% [3] - The current yield on 10-year U.S. Treasuries is approximately 4.33%, while the 30-year fixed mortgage rate is at 6.76%, higher than last summer [3]
特朗普越“多嘴”,鲍威尔越不可能降息
Jin Shi Shu Ju·2025-05-07 06:19