【美联储理事米兰：稳定币的广泛使用可能会增加触及零利率下限的风险】智通财经11月8日电，美联 储理事米兰表示，稳定币的广泛使用可能会增加触及零利率下限的风险，大量使用稳定币可能会降低中 性利率；稳定币的兴起或将推动美元更广泛地使用，推高美元价值，使美联储的利率降低。 转自：智通财经 ...

特朗普：如果不是鲍威尔，美联储现在的利率水平可能只有2%。 来源：滚动播报 ...

Core Viewpoint - The Federal Reserve's interest rate reduction to a neutral level of 3% will not resolve the housing affordability crisis [1] Group 1 - The Federal Reserve, represented by Daly, emphasizes that simply lowering interest rates is insufficient to address the ongoing issues of housing affordability [1]

Group 1: Report Industry Investment Ratings - Gold investment rating: ★☆☆, indicating a bullish bias but poor market operability [1] - Silver investment rating: ★☆☆, indicating a bullish bias but poor market operability [1] Group 2: Core Views of the Report - Overnight, precious metals continued to strengthen. Powell pointed out that the policy rate is still slightly restrictive and emphasized flexible policy adjustment based on data and economic outlook. Geopolitical tensions are hard to resolve, and Trump said the US is ready to impose tariffs if Russia refuses to reach an agreement. The upward trend of precious metals remains unchanged, but short - term volatility may intensify [1] Group 3: Summary of Related Information Fed Officials' Statements - Powell: Policy rate is slightly restrictive, allowing better response to potential economic progress; tariff impact is a one - time transmission; decisions are "never based on political factors". His remarks may open the door for further rate cuts [2] - Goolsbee: Currently not considering a 50 - basis - point rate cut; the Fed's interest rate may eventually stabilize around 3% [2] - Bowman: Predicts three rate cuts in 2025 [2] - Bostic: Considers the current real neutral rate to be 1.25%; may support setting the inflation target range at 1.75% - 2.25% in the future [2] Trump's Statements - If Russia refuses to reach an agreement, the US is ready to impose tariffs; Ukraine can retake all lost territory with EU support; NATO countries should shoot down Russian planes entering NATO airspace; his relationship with Putin "unfortunately means nothing" [2] - Trump cancelled a meeting with two top - level Democrats in Congress on Tuesday to resolve issues hindering a funding agreement to avoid a federal government shutdown [2] OECD Forecast - Predicts global economic growth of 3.2% in 2025 (previously 2.9%) and 2.9% in 2026 (unchanged from previous forecast) [2]

Core Insights - The Federal Reserve's Goolsbee indicated that the final interest rate may stabilize around 3% and inflation is expected to decrease to 2%, which is a satisfactory outcome for the Fed [1] Group 1 - The potential stabilization of interest rates at approximately 3% suggests a shift in monetary policy that could impact various sectors, particularly those sensitive to interest rate changes [1] - The anticipated decline in inflation to 2% may influence consumer spending and investment strategies across industries, as lower inflation typically supports economic growth [1]

白宫贸易顾问纳瓦罗称，美联储利率至少比正常水平高了100个基点。 ...

Group 1 - The core viewpoint is that Trump's comments highlight a perception that the Federal Reserve's interest rate actions are often delayed [1] - The U.S. stock market is currently at its historical best levels, indicating strong market performance [1] - There is a noted decrease in inflation, which is contributing to the rise in the stock market [1] Group 2 - Republican unity is emphasized to prevent a government shutdown due to budgetary issues [1]

Core Viewpoint - Deutsche Bank's interest rate strategists argue that U.S. Treasury Secretary Yellen's assertion regarding the Federal Reserve's interest rates being over one percentage point higher than appropriate levels is incorrect [1] Group 1 - Treasury Secretary Yellen previously stated that "any model" suggests interest rates should be 150 to 175 basis points lower, but efforts to find supporting models have been unsuccessful [1] - The Deutsche Bank team, led by former Federal Reserve economist Matthew Raskin, claims that the rules used by the Federal Reserve in its semi-annual monetary policy report do not clearly indicate a need for rate cuts, let alone cuts of 150 to 175 basis points [1] - The current federal funds rate is within a relatively narrow range of approximately 4% to 4.65%, suggesting that a 25 basis point cut may be reasonable [1]

Core Viewpoint - Trump expressed willingness to "immediately fire" Federal Reserve Chairman Powell but later indicated that Powell is "very likely" to remain in his position, suggesting a conflict between his criticism of high interest rates and the potential market disruption from such a dismissal [1]. Summary by Relevant Categories Federal Reserve - Trump criticized the Federal Reserve for maintaining "too high" interest rates, indicating dissatisfaction with current monetary policy [1]. - Despite his earlier comments about firing Powell, Trump acknowledged that such an action could "disrupt the market," reflecting the complexities of monetary policy and its impact on financial stability [1]. Market Implications - The potential for Powell to remain in his role suggests continuity in the Federal Reserve's approach to interest rates, which may influence market expectations and investor sentiment [1].

Group 1 - The Federal Reserve announced to maintain interest rates unchanged and has no immediate plans for rate cuts, leading to a rise in the US dollar index which pressured gold prices down to around 3268 [2][4] - Trade negotiations have extended with Mexico for an additional 90 days, while agreements have been reached with other trade partners, resulting in a decrease in overall market risk aversion as tariffs are implemented [4] - Technical analysis indicates that after a sharp decline, gold showed signs of recovery but faced resistance around 3314, suggesting a short-term bearish trend with key support levels at 3270/66 [4] Group 2 - The US Energy Information Administration reported that US crude oil production reached a record high of 13.49 million barrels per day in May [6] - As of July 25, US crude oil inventories increased by 7.7 million barrels to 426.7 million barrels, influenced by a decline in exports and upcoming OPEC+ production increases, indicating a loose supply-demand balance in the market [6] - Technical outlook for crude oil suggests a bearish sentiment, with recommendations to sell on rebounds around 69.6, targeting levels of 68/67 [6]