According to Odaily Planet Daily, the Federal Reserve has weakened market expectations for a recent adjustment to its policy interest rates in the May meeting. The meeting minutes will be released on Thursday at 2:00 PM Beijing time.
The large tariffs announced by Trump have raised market concerns about a trade war. With the impact of changes in the global trade situation on the economy still unclear, the Federal Reserve has little reason to adjust the policy interest rate, which has been maintained at 4.25%-4.50% since last December.
Investors expect that the Federal Reserve will keep interest rates unchanged in the June and July meetings but will lower rates by 25 basis points in September and December.