The "new bond king" Gundlach said that the long-term bond market does not want the Federal Reserve to adopt aggressive easing policy; the Federal Reserve is not as behind the curve as before; the Federal Reserve is more likely to cut interest rates by 50 basis points in November after the US election; and the current data support Powell's remarks that the economy is not showing significant pressure.
European Central Bank Governing Council Holtzmann: The September interest rate cut is not on the board, and we do not want to cut interest rates prematurely.