超级宏观周｜中美经贸谈判——芯片、创新药、大豆

Core Insights - The article highlights two major global events: the Federal Reserve's confirmation of restarting interest rate cuts and the resumption of the fourth round of economic and trade talks between China and the U.S. in Madrid, Spain [1] Group 1: Federal Reserve's Interest Rate Cuts - The Federal Reserve is expected to enter a new phase of interest rate cuts, which will significantly impact global liquidity [1] - The article outlines three stages of the anticipated interest rate cuts and their potential effects on the economy [1] Group 2: U.S.-China Economic Talks - The resumption of economic and trade negotiations between the U.S. and China is crucial for global supply chains, with stakeholders awaiting the outcomes [1] - The talks in Madrid represent a critical moment for both countries to address ongoing trade issues and their implications for the global market [1]