"Interest Rate Cuts Comedy": The Federal Reserve and Trump Take Turns

On July 28, former U.S. President Trump publicly stated: "I believe the Federal Reserve must lower interest rates this week." His remarks sparked market speculation that the Federal Reserve might release easing signals during this week's policy meeting.

However, just a day later, the Federal Reserve's "mouthpiece" Nick Timiraos released information through the media, stating that "officials are not ready to lower interest rates this week," emphasizing internal divisions and the need for more data as a basis, while cooling market expectations.

In just 24 hours, the former president's calls and the Federal Reserve's denials took turns on stage, one side shouting the need for rate cuts while the other calmly responded, "not ready." This stark contrast and the back-and-forth drama is akin to a financial comedy skit. Market sentiment has been swayed back and forth, highlighting the current uncertainty in the macro environment.

Summary:

From the current signals, September may be a more likely time for interest rate cuts, while the market may still need to face the dovish yet hawkish attitude of the Federal Reserve this week. For investors, although short-term sentiment is volatile, the mid-term trend still depends on inflation, employment data, and subsequent economic performance, necessitating rational judgment. #降息预期