Fed Chair Powell: A recession is now unlikely, we can achieve a soft landing
Federal Reserve Chairman Jerome Powell said in a speech that there is no reason to believe that the economy exists or faces significant near-term funding risks. I think it is unlikely that economic funding will occur at this time. So far, our economy is growing at a solid pace, the labor market is still tight and hunger has fallen sharply, I think we can achieve a soft landing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Equities: Strong rebound supported by earnings growth – Danske Bank
Bridgewater: Most AI infrastructure trades are already priced in, only holding a "very small position"
Bridgewater CIO Greg Jensen warns that assets related to AI infrastructure have already been significantly priced in by the market, and the excess return opportunities of two years ago are fading. The fund has reduced its positions to a "very minimal" level. According to system modeling through 2028, the upside potential for assets such as chips and data centers is now very limited and faces risks of financing and construction delays. Bridgewater's strategic focus has shifted to AI disruption and application sectors.
Swiss Franc gains ground as easing US Yields pressures Greenback
Crypto prices
More
