Odaily星球日报讯 “新债王”冈拉克表示，美联储即将做出的利率决定是近年来最可预测的一次“按兵不动”。不过尽管绝大多数人预计美联储将在本周的会议上保持利率稳定，但交易员们增加了对美国国债的看涨押注，因为他们希望美联储主席鲍威尔将在 3 月份的会议上发出可能降息的信号。 冈拉克表示，鲍威尔新闻发布会的重点应该放在物价稳定和充分就业的双重使命上，“这两者之间的关系目前处于紧张状态，因此这比以往任何时候都要突出”。（金十）

Odaily星球日报讯 “新债王”冈拉克表示，美联储即将做出的利率决定是近年来最可预测的一次“按兵不动”。不过尽管绝大多数人预计美联储将在本周的会议上保持利率稳定，但交易员们增加了对美国国债的看涨押注，因为他们希望美联储主席鲍威尔将在 3 月份的会议上发出可能降息的信号。冈拉克表示，鲍威尔新闻发布会的重点应该放在物价稳定和充分就业的双重使命上，“这两者之间的关系目前处于紧张状态，因此这比以往任何时候都要突出”。（金十）

“新债王”冈拉克：美联储面临多年来最可预测的一次“按兵不动”

Odaily Odaily News reports that "New Bond King" Gundlach said the interest rate decision the Federal Reserve is about to make is the most predictable "no action" in recent years. However, although most people expect the Federal Reserve to keep interest rates stable at this week's meeting, traders have increased their bullish bets on U.S. Treasuries, as they hope Fed Chair Powell will signal a potential rate cut at the March meeting. Gundlach said the focus of Powell's press conference should be on the dual mandate of price stability and full employment, "which are currently in tension with each other, making this more prominent than ever before." (Jinshi)

"New Bond King" Gundlach: The Fed faces the most predictable "standstill" in years

Odaily reports that Geoff Yu, EMEA market strategist at New York Bank, expects the Federal Reserve's federal funds rate to remain unchanged this week, and the market may focus more on the Federal Open Market Committee's initial impression of the Trump administration. Yu said this will certainly be a core issue at the new Federal Reserve Chairman Jerome Powell's press conference. Yu also said that New York Bank believes that the macroeconomic outlook has changed little compared to last December, and the Federal Reserve may acknowledge that further easing will be gradual, but will still depend on the data. (Jinshi)

Markets likely to focus on Fed's initial impressions of Trump administration

Odaily reports that as the Federal Reserve's two-day meeting begins, investors have already accepted the fact that the Federal Reserve may not cut interest rates this time. But with the stock market at a vulnerable point, they are looking for any signals from Federal Reserve Chairman Powell about the direction of inflation. John Belton, a portfolio manager at Gabelli Funds, said, "Powell's tone on the inflation issue is crucial for Wall Street, as traders need to hear that price pressures are continuing to ease, as there is clearly potential for a black swan event." Swap contracts show that traders expect the Federal Reserve to pause rate cuts, but they are unsure how long the pause will last. This is why Powell's tone in the press conference after the local time Wednesday afternoon interest rate decision is worth watching. If he shows any attitude other than cautious and unwilling to commit, it will be out of character, but Wall Street professionals will listen for any indication of his thoughts in his wording or tone. (Jinshi)

Opinion: Powell's speech after this week's interest rate decision is crucial to the market

Odaily reports that the Federal Reserve is expected to keep interest rates unchanged this week, giving itself more time to lower inflation and assess the impact of President Trump's policies on the economy. The Federal Reserve has cut interest rates three times in a row since September, with a cumulative reduction of 1 percentage point. Currently, the Federal Reserve's benchmark interest rate range is 4.25% to 4.50%. Several policymakers have indicated that they expect the number of rate cuts this year to decrease, as data shows the US economy is performing well and inflation is more stubborn than expected. The personal consumption expenditure price index, the Federal Reserve's preferred inflation indicator, is scheduled to be released on Friday. EY's chief economist, Gregory Daco, said the Federal Reserve this week "will pause rate cuts, as they want to retain as much optionality as possible to further adjust the federal funds rate later this year."

"New Bond King" Gundlach: The Fed faces the most predictable "standstill" in years

Download app to participate in rewarding events