Wall Street banks have begun to raise the possibility that the Federal Reserve may raise interest rates this year! Will CPI add another fire? Gold bulls may need to "temporarily avoid sharpness" now, and US stocks may have entered a "lose-lose situation"...
1. Wells Fargo: The Fed is increasingly unlikely to cut rates in March. 2. Citibank: The Fed is expected to make its next rate cut in May, after previously expecting it to do so in January. 3. JP Morgan: Given the latest non-farm payrolls data (strong), the Fed is expected to make its next rate cut in June, compared to the previous forecast of March. 4. Bank of America: The rate-cutting cycle may be over; the underlying assumption is that the Fed will keep rates on hold for an extended period of...
On December 24th, according to CNBC, a person familiar with the matter said that several large banks are planning to sue the Federal Reserve over the annual bank stress testing. The person said that the lawsuit is expected to be filed this week, possibly as early as Tuesday morning local time. The Fed's stress testing is an annual routine that requires banks to reserve sufficient buffers for non-performing loans and stipulates the size of stock repurchases and dividends. After the market closed ...
On October 12, Vice Minister of Finance Liao Min said at a press conference of the State Council Information Office on October 12 that as of the end of June 2024, the core tier one capital adequacy ratio of six large state-owned banks averaged 12.3%. The Ministry of Finance will adhere to the principles of marketization and rule of law, and actively raise funds through the issuance of special treasury bonds and other channels in accordance with the idea of overall promotion, batch installment, a...