Next week's macro outlook: The prospects for a Federal Reserve interest rate cut this year are bleak, and Trump's assistance may lead gold to a second boiling moment



Harsh Chain heard the news, next week, the market expects that the Federal Reserve will not cut interest rates this year, and Trump's movements may drive gold prices to rise again. This week, the market will focus on a series of important events: 1. On Tuesday, Federal Reserve Chairman Powell will deliver a graduation speech at Princeton University. 2. On Tuesday afternoon, Minneapolis Fed President Kashkari will give a policy speech at a meeting of the Bank of Japan. 3. On Wednesday, New York Fed President Williams will speak at a discussion hosted by the Bank of Japan. 4. On Wednesday, Kashkari will participate in a dialogue at a university event in Tokyo. 5. Early Thursday, the Federal Reserve will release the minutes from the May monetary policy meeting. 6. Thursday evening, Richmond Fed's Barkin will speak at a fireside chat. 7. Later on Thursday evening, the U.S. will release important economic data, including initial jobless claims and GDP revisions for the first quarter. 8. Later on Thursday, Chicago Fed's Goolsbee will participate in a Q&A session. 9. Early Friday, the former president of the San Francisco Fed will participate in an economic dialogue in Oakland. 10. On Friday morning, the Dallas Fed President will speak at a meeting. 11. On Friday evening, the U.S. will announce April economic data, including core PCE inflation and other indicators. Core PCE is an important inflation indicator for the Federal Reserve, with the last report showing a decline in inflation rate, and it is expected that this release will maintain this trend. Observers believe that the Federal Reserve finds it difficult to change interest rate policy at the current level of inflation and needs more time to observe data reflecting tariff impacts.