Analyst: Powell may not provide much clarity.

robot
Abstract generation in progress

Jin10 data reported on May 7, Federated Hermes’ Karen Manna stated that Federal Reserve Chairman Powell may not be able to meet investors’ thirst for clarity when he speaks to reporters after tomorrow’s interest rate decision. It is expected that the Federal Reserve will keep interest rates unchanged, and Powell may face questions about the impact of tariffs on inflation and the economy. The final level of tariffs and their duration remain unknown, which limits Powell’s ability to provide clearer information. “Forecasting is always fraught with difficulties, and making predictions in the context of constantly changing targets is almost impossible.” She expects this uncertainty to last until the Federal Reserve’s June meeting unless there are substantial changes.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)