News list for " Powell Ming"
The Federal Reserve pressed the pause button to cut interest rates, and Powell made it clear that he was not in a hurry to cut interest rates! OPEC + will discuss Trump's plan to increase U.S. crude oil production, and the London gold market is queuing up to borrow gold... What major events happened in the world last night and this morning?
Federal Reserve Chairperson Powell has made it clear that the time has come to cut interest rates. Leung Siu-kee, a senior advisor to Hang Seng Bank, said on a radio program today that there is a good opportunity to cut interest rates in September, and it is estimated that it may be reduced by 1/4% (25bp). He expects the Federal Reserve to cut interest rates twice this year, 1/4% each time, that is, it may cut interest rates by half a percentage point (50bp) at the end of the year, which I belie...
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