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Powell says no hurry for Fed rate cuts, how will you adjust your investment strategy?
Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the nex Show More
Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months. He highlighted the US economy's strength and inflation efforts.
Meanwhile, the latest data shows that the October PPI increased by 2.4% year over year, compared to the expected value of 2.3%. CPI data reports +2.6% YoY in October, aligned with expectations. Analysts suggest that with stable inflation rates, the U.S. dollar's upward trend may continue.
🎙️Discussion
1.How will Powell's rate cut remarks affect the stock market?
2.Which assets do you find promising amid potential Fed actions?
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