Fidelity International: Predicting that interest rates will not be cut at all this year, US inflation seems to show no sign of abating

The economic forecast summary published by the Federal Reserve still indicates that inflation continues to reach the 2% target, but considering the current economic situation, Fidelity International believes it may be difficult to reach the target in 2024.

Zhitong FinanceMay 7 04:02 ET

Citadel founder Griffin: The economic outlook is worrisome and the Federal Reserve is expected to cut interest rates in September or December

If the Federal Reserve chooses not to cut interest rates in September, then the possibility of cutting interest rates in December will increase, and Griffin expects the Federal Reserve to take action within this year.

Zhitong FinanceMay 7 03:34 ET

Dollar Recovers Losses After Friday's Weak U.S. Jobs Data -- Market Talk

The dollar recovers from the losses it suffered after Friday's weaker-than-expected U.S. jobs data, which reignited the prospect of the Federal Reserve cutting interest rates.

WSJMay 7 03:26 ET

Citibank: The Federal Reserve is not afraid of a brief surge in financing interest rates and the contraction will continue until next year

Citi said that the Federal Reserve may continue its plan to reduce its balance sheet until the second quarter of 2025, unless there is a recession, which is longer than the previous forecast period.

Zhitong FinanceMay 7 03:24 ET

Schroder Investments: The risk of global inflation is increasing, and the possibility that the US economy will not land is increasing

As strong economic growth increases the risk of inflation, the possibility that the economy will not land has increased.

Zhitong FinanceMay 6 23:39 ET

USD Still Looks Overvalued; May Weaken in 2H -- Market Talk

USD remains highly overvalued, partly driven by markets' pared expectations of Fed rate cuts given persistently sticky U.S. inflation and a strong labor market, Chang Wei Liang, foreign exchange and credit strategist at DBS, says in a note.

WSJMay 6 22:19 ET