Paul said: "We are not in a hurry to lower interest rates before the impact of Trump's policies becomes clearer, and we are not in a hurry to lower interest rates before it becomes clear how the new government's policy will affect the economy." Powell said: "The new government is implementing major policy changes in four different areas: trade, immigration, fiscal policy, and regulation. The tension surrounding these changes and their potential effects remains high. Our focus is on distinguishing between signals and noise as insights evolve. We are not in a rush, we have the ability to wait until the insights become clearer." Powell's speech came at a time of turmoil in financial markets and a decline in bond prices, as Trump announced high import tariffs on his main trading partners, Mexico and Canada, then postponed implementation. Although Powell said the economy "is still in good shape," data also indicate that consumer spending may slow and that companies are increasing their tension regarding "increased expectations about the economy." Powell added that key indicators remain strong, and that inflation and employment continue to improve, despite the imbalance in this improvement, they are still ongoing.
[爱心]Note: Paul Bababoon clarified in understandable terms that he finds that there is still an ambiguity in the customs duty cycle and other policies, so the Federal Reserve remains vigilant, saying that he believes the Federal Reserve has the ability to distinguish between good and bad and the current market situation, and that the economic situation is currently good, and there is no urgent need to reduce yields, and it will adapt according to fluctuating market changes to adjust rates. [爱心]Trump just held a press conference in the Oval Office, didn't mention the crypto market, I'll wait until the end of the cryptocurrency conference, woke up an hour early to see the state of the American market and the news, my brothers, rest a little, I will call everyone to the live broadcast at 3:30. #GT 2024 Q4 Burn Completed
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Paul said: "We are not in a hurry to lower interest rates before the impact of Trump's policies becomes clearer, and we are not in a hurry to lower interest rates before it becomes clear how the new government's policy will affect the economy." Powell said: "The new government is implementing major policy changes in four different areas: trade, immigration, fiscal policy, and regulation. The tension surrounding these changes and their potential effects remains high. Our focus is on distinguishing between signals and noise as insights evolve. We are not in a rush, we have the ability to wait until the insights become clearer." Powell's speech came at a time of turmoil in financial markets and a decline in bond prices, as Trump announced high import tariffs on his main trading partners, Mexico and Canada, then postponed implementation. Although Powell said the economy "is still in good shape," data also indicate that consumer spending may slow and that companies are increasing their tension regarding "increased expectations about the economy." Powell added that key indicators remain strong, and that inflation and employment continue to improve, despite the imbalance in this improvement, they are still ongoing.
[爱心]Note: Paul Bababoon clarified in understandable terms that he finds that there is still an ambiguity in the customs duty cycle and other policies, so the Federal Reserve remains vigilant, saying that he believes the Federal Reserve has the ability to distinguish between good and bad and the current market situation, and that the economic situation is currently good, and there is no urgent need to reduce yields, and it will adapt according to fluctuating market changes to adjust rates.
[爱心]Trump just held a press conference in the Oval Office, didn't mention the crypto market, I'll wait until the end of the cryptocurrency conference, woke up an hour early to see the state of the American market and the news, my brothers, rest a little, I will call everyone to the live broadcast at 3:30.
#GT 2024 Q4 Burn Completed