Straight to Omaha | Alger Asset Management Amy Zhang: The Federal Reserve is likely to cut interest rates at least once this year

Sina Finance News The Berkshire Hathaway Shareholders' Meeting, which global investors are concerned about, was held in Omaha, Nebraska. Sina Finance spoke with Amy Zhang (Amy Zhang), Executive Vice President of Alger Asset Management, at the shareholders' meeting. Amy Zhang told Sina Finance in an interview that the Palestinian heritage plan was a special success. He has done a lot of planning and preparation, so he should be able to make a smooth transition. In addition, she said that Friday's non-farm payrolls data is very good for the market, because wage growth is weaker than expected amid inflation. This is a big plus. This year is very beneficial.

環球市場播報May 5 03:26 ET

Chicago Federal Reserve Chairman: There is no sign that the economy is overheating and we are still waiting for more inflation data

Chicago Federal Reserve Chairman Goulsby said Friday's employment report would make him feel that the economy showed no signs of overheating

Zhitong FinanceMay 3 19:00 ET

US economic reports are now divided, and market bearers are being hit

Wall Street traders experienced another week of conflicting economic signals and painful lessons in the face of the data-dependent Federal Reserve

Zhitong FinanceMay 3 19:00 ET

The Federal Reserve's hawk pigeon “shared”, Bowman: High inflation will continue for some time, Goulsby: We need more employment reports like Friday

Federal Reserve Governor Bowman said that as the Federal Reserve maintains high interest rates, inflation will eventually fall, but he is willing to raise interest rates if future data shows that the progress of the decline in inflation has stagnated or been reversed. Chicago Federal Reserve Chairman Goulsby said that he is waiting for more data to determine whether inflation will fall to the target. The non-farm payrolls report is steady this Friday. The more such reports there are, the more assured he is that the economy is not overheating and that inflation has not rebounded.

wallstreetcnMay 3 13:45 ET

The US unexpectedly “blew up” in April, and expectations of interest rate cuts were once again rekindled!

US employers cut their recruitment scale in April, and the unemployment rate unexpectedly rose, indicating that the labor market is cooling down after experiencing strong growth at the beginning of the year.

Zhitong FinanceMay 3 09:33 ET

The increase in non-farm payrolls in the US fell short of expectations by 175,000 in April. The unemployment rate rose, and wage growth slowed

The increase in the US non-farm payrolls in April fell significantly short of expectations. It was the smallest increase in six months. The unemployment rate unexpectedly rose to 3.9%, and the wage increase was 3.9% year on year, lower than expected and previous values, which is conducive to cooling down inflation. After the data was released, traders' expectations for the Fed to cut interest rates for the first time were brought forward from November to September.

wallstreetcnMay 3 08:30 ET