道富银行策略师：美联储或面临降息压力，美元可能全年下跌10%

Group 1 - The next chair of the Federal Reserve may face pressure for interest rate cuts from the Trump administration, potentially leading to more cuts than the market expects, with at least two cuts anticipated and possibly a third, resulting in a projected 10% decline in the dollar throughout the year [1] - This perspective is likely to influence global monetary policy expectations and may indirectly affect the asset management industry through changes in the interest rate environment [1] Group 2 - Over the past week (February 5 to February 11, 2026), State Street Corporation's stock price fluctuated by 0.65% with a volatility of 5.79%, experiencing a drop of 1.53% on February 10 but rebounding by 0.50% to $132.89 on February 11, with a trading volume of approximately $3.2 million [2] - Year-to-date, the stock has increased by 3.68%, outperforming some major market indices [2] Group 3 - Among the 19 institutions covering State Street Corporation as of February 2026, 58% have a buy or hold rating, with an average target price of $145.80 compared to the current stock price of $132.89 [3] - Earnings forecasts indicate a projected year-over-year increase of 25.14% in earnings per share for the first quarter of 2026, reflecting optimistic market expectations regarding the company's business resilience [3]