Information positive! Information positive! Information positive! Go bottom fishing!
Powell made a statement at the press conference that "there will be no rate hike, and interest rates will eventually be cut." After the monetary policy meeting, the overnight interest rate curve (OIS) suggests that the magnitude of interest rate cuts by the Federal Reserve this year has increased to 1.5 times, and the first interest rate cut is expected to be around November. US Treasury yields have fallen across the board.
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Information positive! Information positive! Information positive! Go bottom fishing!
Powell made a statement at the press conference that "there will be no rate hike, and interest rates will eventually be cut." After the monetary policy meeting, the overnight interest rate curve (OIS) suggests that the magnitude of interest rate cuts by the Federal Reserve this year has increased to 1.5 times, and the first interest rate cut is expected to be around November. US Treasury yields have fallen across the board.