Gold is not an interest-bearing asset, and higher US bond yields will severely hit gold prices.

No resignation, no legal, no discussion. Powell used four "no" words to force the new US president.

The 2024 U.S. election has finally come to an end, and Trump's victory in the Federal Reserve's interest rate cut has clouded the road.

All three officials declined to give a clear path to a rate cut on the market's concerns.

Aug. 20 (Bloomberg) -- Sweden's central bank cut interest rates by 25 basis points to lower its benchmark rate to 3.50 percent from 3.75 percent, in line with market expectations, after it halted cuts in June after cutting rates in May. This Friday, Aug. 23, local time, during the annual central bank meeting in Jackson Hole, Wyo! Federal Reserve Chairman Jerome Powell will deliver a major speech that will be watched globally. Wall Street expects that Powell will use this opportunity to confirm that the Fed is going to cut interest rates, and the focus of the debate among stock traders has changed from whether the Fed will or will not cut interest rates to how drastically the Fed will cut.

The market is widely expected that Fed Chairman Powell's speech will provide important clues to the future direction of monetary policy.

Federal Reserve Chairman Jerome Powell said his confidence is growing as a result of the good data he has received.

Powell mentioned that while first-quarter economic data did not boost the Fed's confidence that inflation had fallen back to its 2 percent target, three second-quarter inflation reports, including last week's data, had boosted that confidence to some extent.

Soldiers and horses not moving, food and grass first.Of the $39 billion of 10-year Treasuries auctioned by the Treasury on Wednesday, overall auction results were solid and strong。

Market expectations for a rate cut pushed Wall Street stocks to new highs, but the pace of gains slowed.

But he also pointedly noted that "rising inflation is not the only risk we face."A rate cut "too late or too little" could also "unduly weaken economic activity and employment," he said.

The market's expectations are reasonable.Looking at recent U.S. data, most are weakening.Friday's non-farm payrolls data was cold, employment rose, and most leading indicators of the labor market are cooling.

Federal Reserve Chairman Jerome Powell will face pressure from lawmakers this week. Legislators are eager for the Federal Reserve to cut interest rates, while also expressing dissatisfaction with Powell's plan to increase capital requirements for Wall Street banks.

Powell still declined to say anything about the time frame for a rate cut.

Although the U.S. has made some progress in its fight against inflation, policymakers remain cautious.

Powell believes that the Fed is unlikely to raise rates next and that a rate cut is more likely.

The next stage of the rise in U.S. stocks seems to have a new hope.

The U.S. PCE data released last week, the pace of inflation cooling is solid, while GDP growth further strengthened the U.S. economy is currently good, and the job market is still strong, we must pay attention to the risk of inflation warming, if oil prices continue to lift, the fear of influencing the Federal Reserve's decision to cut interest rates in June.

US stock futures edge down as attention shifts to consumer price index (CPI) data。

U.S. stock index futures held steady late Tuesday (March 5) as Wall Street recovered from a record sharp decline and the focus turned to the upcoming speech by Federal Reserve Chairman Jerome Powell。