美联储主席鲍威尔：我们目前的利率水平较高，与利率接近于零时相比，有更大的降息空间。 ...

智通财经6月24日电，美联储主席鲍威尔表示，目前的利率水平较高，与利率接近于零时相比，有更大 的降息空间。 ...

Core Viewpoint - The two-year U.S. Treasury yield fell to an intraday low of approximately 3.83%, declining by about 3.8 basis points [1] Group 1 - Federal Reserve Chairman Powell indicated that there are "many possible paths" regarding interest rates, in response to comments from Fed Governor Waller about the potential for a rate cut in July [1] - The current market expectations for a rate cut at the upcoming July 29-30 meeting are minimal, with only 4 basis points of easing priced in, suggesting a low likelihood of a 25 basis point cut [1] - Market participants are unlikely to raise their rate cut expectations significantly before the release of the next employment and inflation data in July [1]

Core Viewpoint - Federal Reserve Chairman Jerome Powell indicates that U.S. inflation is expected to rise due to the impact of tariffs [1] Summary by Relevant Categories Economic Impact - The Federal Reserve's responsibility is to control inflation [1] - Changes in interest rates will depend on the direction of the economy [1]

英国央行副行长拉姆斯登：即使利率达到4%，我仍认为货币政策将保持在明显具有限制性的区间内。 ...

智通财经6月24日电，美国克利夫兰联储主席Hammack表示，目前的利率仅略具限制性，可能会在一段 时间内维持稳定。 ...

欧洲央行管委内格尔：欧洲央行在利率方面处于有利地位。 ...

Group 1: Investment Strategy Overview - The report emphasizes that the stock market is at a technical support level, but volatility has reached a new low since 2024, indicating that a trend change may be imminent [5][21]. - The A-share market's trading volume reached 1.12 trillion, an increase of 54.9 billion compared to the previous trading day, with market focus on stablecoins, port shipping, and solid-state batteries [21]. - The report suggests that the probability of an upward trend in the index is low, and managing positions is the best strategy [21]. Group 2: Bond Market Insights - The bond market is expected to benefit from inflows of risk-averse capital, as the overall market remains volatile with a lack of positive news [18][8]. - The report notes that the bond market may regain upward momentum due to increased demand for safe-haven assets [8]. Group 3: Foreign Exchange Market Analysis - The onshore RMB against the USD was reported at 7.1876, an increase of 91 basis points from the previous close, indicating a potential strengthening of the RMB [33]. - Despite short-term fluctuations, the long-term trend for the USD remains bearish [33]. Group 4: Commodity Market Trends - The Wenhua Commodity Index fell by 0.13%, with strong performance in the energy sector but poor performance in agricultural and chemical products [38]. - The report advises caution for investors who have not participated at lower levels, suggesting a wait-and-see approach due to high volatility in oil and related products [38].

Core Viewpoint - The Federal Reserve Governor Bowman supports maintaining the interest rate unchanged in June, citing a resilient labor market and no significant impact from trade developments [1] Group 1 - The labor market remains strong, indicating economic stability [1] - There has been no notable effect from trade developments on the economy [1] - Price pressures from tariffs appear to have been offset [1] Group 2 - The Federal Reserve will hold a meeting on bank capital on July 22 [1] - If inflation remains moderate, it will support a rate cut in July [1]

美联储理事鲍曼：支持维持6月利率不变，劳动力市场表现坚韧。 ...