Odaily星球日报讯 “美联储传声筒”Nick Timiraos 披露，美联储主席鲍威尔周三表示，美联储官员不希望从降息 50 个基点开始，但他表示，“看起来更严重的衰退……是我们想要作出回应的事情。”美国参议员沃伦在 X 上发帖敦促鲍威尔"现在"降息。（金十）

Odaily星球日报讯 “美联储传声筒”Nick Timiraos 披露，美联储主席鲍威尔周三表示，美联储官员不希望从降息 50 个基点开始，但他表示，“看起来更严重的衰退……是我们想要作出回应的事情。”美国参议员沃伦在 X 上发帖敦促鲍威尔"现在"降息。（金十）

美联储传声筒Nick Timiraos：鲍威尔表示官员不希望从降息50个基点开始

Odaily Planet Daily reported that "Fed mouthpiece" Nick Timiraos revealed that Federal Reserve Chairman Powell said on Wednesday that Fed officials do not want to start with a 50 basis point rate cut, but he said that "a more severe recession... is something we would want to respond to." U.S. Senator Warren posted on X urging Powell to cut rates "now." (Jinshi)

Odaily Odaily reported that &quot;Federal Reserve mouthpiece&quot; Nick Timiraos revealed that Federal Reserve Chairman Powell said on Wednesday that Fed officials do not want to start with a 50 basis point rate cut, but he said, &quot;It looks like a more severe recession... is something we want to respond to.&quot; U.S. Senator Warren posted on X urging Powell to cut interest rates &quot;now.&quot; (Jinshi)

Federal Reserve mouthpiece Nick Timiraos: Powell said officials do not want to start with a 50 basis point cut.

Odaily Planet Daily Report: Wealth Alliance President and Managing Director Eric Diton stated, "I believe the Federal Reserve should have cut interest rates by 25 basis points this week, but they clearly missed the opportunity. Then we saw that the number of initial jobless claims rose, and the ISM Manufacturing PMI index has performed poorly for the fourth consecutive month. Powell said he relies on data, and the non-farm payroll data on Friday will be crucial. If we see a very weak data, he is likely to cut rates by 50 basis points in September. Another issue is the federal debt, we have $35 trillion in debt. The interest we pay on this debt is now about 17% of our federal spending. So, interest is now taking away the money we can use to make decisions."

Institutions: If the non-farm payrolls perform weakly tonight, the Federal Reserve is very likely to cut interest rates by 50 basis points in September.

The US non-farm employment data was weaker than expected, which is enough to prompt a larger rate cut. The market currently expects a 20% probability of a 50 basis point rate cut by the European Central Bank at the September meeting, and a 70% probability of a 25 basis point rate cut in October. The current swap contracts show that the market expects the Federal Reserve to cut rates multiple times by 50 basis points, with a 75% probability of a 50 basis point rate cut in September, a 60% probability of a 50 basis point rate cut in November, and a 15-20% probability of a 50 basis point rate cut in December. (Gold Ten)

The non-farm data strengthens the expectation of a one-time 50 basis point rate cut by the Federal Reserve and the European Central Bank.

According to a report by Stephen Brown, North American Deputy Chief Economist at Capital Economics, the Federal Reserve may change its wording this week to reflect the increasing likelihood of a rate cut at the next meeting, but doubts that it will give a clearer signal of a rate cut until the Jackson Hole symposium in August. Powell will have another opportunity to discuss interest rates at the meeting in Jackson Hole, Wyoming from August 22 to 24, where officials and economists from around the world will discuss policy.