The wording of the monetary policy statement was also slightly adjusted, stating that it will evaluate multiple factors "when considering the size and timing of further adjustments to the policy interest rate." "
Now no one is worrying about whether the US economy will go into recession. Instead, the new policies of US Presidentelect Trump tax cuts, tariff increases and antiimmigration measures are likely to bring about a second round of inflation, adding uncertainty to the Federal Reserve's subsequent interest rate cut path.
Federal Reserve Chairman Powell said at a press conference today greece phone number list that the Federal Reserve is in a "new stage of the process". "The Federal Reserve is modeling and evaluating Trump's proposals, but because the specific form of the policy is not yet clear, it has not yet been incorporated into its decisionmaking."
“Powell is moving to neutral and waiting for the next administration to push their agenda and see what he might need to do, but the market was not prepared for this announcement from the Fed,” said Tom di Galoma, director of fixed income at Curvature Securities.
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AI sector's counterattack
This afternoon, Ashare AI computing power concept stocks exploded, and more than 10 stocks including Inspur Information hit the daily limit. TikTok concept stocks continued their recent upward trend, with nearly 20 stocks including Runze Technology hitting the daily limit. ZTE Corporation has topped the Ashare trading volume list for three consecutive days, with today's trading volume reaching 22.241 billion yuan, setting a new record since its listing.