May basically confirmed that there will be no interest rate cuts! Expectations for high-level Sino-U.S. talks can still be speculated on!
Hope to be proven wrong, then enjoy the benefits, haha!
The Federal Reserve will announce its interest rate decision tonight, with only a 4.4% chance of a rate cut in May; the market is basically anchored on no rate cut in May, mainly due to Powell's speech at 2:30, along with views on the subsequent policy direction and tariffs, will he shout again that cryptocurrency is amazing!
High-level Sino-U.S. economic and trade talks are being held in Switzerland, from May 9 to May 12 during the visit to Switzerland, it seems that Switzerland is the intermediary; the progress does not seem optimistic, as China has already lost trust in Trump, and Trump will not directly remove tariffs, making it basically difficult to reach an agreement!
