In July, during these two days, a number of U.S. data
employment rate, unemployment rate, non-farm data, should not be too bad, either meeting expectations or even better.
As for the Federal Reserve interest rate, it should remain at 4.5% this month.
Powell, no matter how stubborn,
has been hard-headed against Trump for half a year,
it’s time to recognize the situation and be wise,
and understand to go with the flow, taking advantage of the circumstances,
preparing for a formal interest rate cut in September.
After all, politicians are all actors, and pulling any of them out can win an Oscar.
The data from these two days, in my opinion, is relatively positive.