On April 19, the central price of RMB was 7.1046, down 26 points. The median price for the previous trading day was 7.1020.
Federal Reserve Williams: I don't feel the urgency of cutting interest rates at all
Federal Reserve Bank of New York Governor Williams said there is no rush to lower interest rates; economic data will determine the timing. “Monetary policy is in a good position,” he said at the Semafor World Economic Summit in Washington on Thursday. “The current level of interest rates is gradually driving us towards our goals. So I don't feel the urgency of cutting interest rates at all. I think monetary policy is playing exactly the role we want to see.” William also said on Thursday that interest rate hikes are not his baseline expectations, but if economic data supports such an approach to achieve the Federal Reserve's inflation target, then rate hikes are still possible.
J.P. Morgan Analyst: The probability that the Fed will raise interest rates this year is very low, and the possibility of not cutting interest rates is relatively high
J.P. Morgan analyst Pinto said that the possibility that the Fed will continue to raise interest rates is very, very low; the possibility that the Fed will not cut interest rates this year is relatively high.