Odaily Odaily reports that the futures market is betting that the Federal Reserve will not cut interest rates at its policy meeting next week, but if concerns about a trade war-induced economic recession intensify, the Federal Reserve may launch a series of rapid rate cuts in June. After US President Trump's speech on the "transitional period" of the economy over the weekend, traders are betting that the Federal Reserve will quickly cut rates when the economy slips, and the futures market is increasingly expecting consecutive rate cuts in June, July and October, leaving Federal Reserve officials facing a dilemma between rising inflation and economic weakness. US stocks and US Treasury yields also saw a sharp drop on Monday, as people are concerned that Trump's remarks portend an impending economic recession. Federal Reserve Chairman Powell said last Friday that the Federal Reserve is in no hurry to cut interest rates, as the labor market remains strong and inflation is on an uneven path towards the 2% target, and there is great uncertainty about the impact of Trump's trade, fiscal, immigration and regulatory policies. Economists say these policies may push up prices and at least slow economic development in the short term. Goldman Sachs economists on Monday lowered their US economic growth forecast to 1.7% and raised their inflation forecast. (Jinshi)