💡[Federal Reserve continues its easing policy, market expects a 50 basis point rate cut]💡

UBS's latest research report points out that 👇

👉 The Federal Reserve remains accommodative, with Powell downplaying the impact of soaring energy prices on policy
👉 Emphasizing that inflation expectations are stable, so there is no rush to tighten policy
👉 Expect the Fed to cut rates by 50 basis points later this year

📊 Key points:
Core inflation still needs to decline further before the Fed considers cutting rates
U.S. Treasury yields: Currently well above pre-conflict levels, with room to fall
2-year and 10-year Treasury yields: Expected to fall to 3.25% and 3.75% respectively by year-end
🎯 Core logic:

The Federal Reserve will not easily change its accommodative stance due to short-term supply shocks (such as oil price increases),
but will act only after seeing evidence of sustained inflation decline.

🧠 One-sentence summary:

Market focus is not only on the present but also on future policy shifts.

Remember:
True opportunities often occur at policy turning points.
Waiting for the right timing to adjust is key to gaining profits.