Odaily Planet Daily News Montreal Bank (BMO) Capital Markets USA Strategist Ian Lyngen and Vail Hartman stated that it is clear to us all that with Trump continuing to refine US trade policies, the overall direction of US interest rates may quickly shift. Fed Chairman Powell's testimony on Tuesday will be noteworthy as we will learn how he describes the announced tariff measures so far and whether these measures will make the FOMC more likely to respond through monetary policy. Our view remains that the greater the increase in tariffs, the greater the likelihood that Powell will postpone normalization until later this year. (Jinshi)
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BMO: El testimonio de Powell es muy esperado, el rumbo general de los Estados Unidos Tasa de interés podría cambiar rápidamente
Odaily Planet Daily News Montreal Bank (BMO) Capital Markets USA Strategist Ian Lyngen and Vail Hartman stated that it is clear to us all that with Trump continuing to refine US trade policies, the overall direction of US interest rates may quickly shift. Fed Chairman Powell's testimony on Tuesday will be noteworthy as we will learn how he describes the announced tariff measures so far and whether these measures will make the FOMC more likely to respond through monetary policy. Our view remains that the greater the increase in tariffs, the greater the likelihood that Powell will postpone normalization until later this year. (Jinshi)