At 2:30 a.m. Beijing time on June 19, Powell spoke.
English live broadcast address:
I will still try my best to translate some of the key points of Powell's speech under this tweet, especially the content of answering reporters' questions, but because of the limited English level, it may not be very accurate, so please do not go online.
This tweet is sponsored by @ApeXProtocolCN|Dex With ApeX
There will be no rate cut in June, and the dot plot shows that there are two rate cuts expected in 2025 and one in 2026.
Compared to the dot plot in March, there is no change in 2025, and there is one fewer rate cut expectations in 2026. It is barely within the expected range of the market, and it is not bearish for the time being.
Next is Powell's speech at 2:30 p.m., and the live broadcast continues.
This tweet is sponsored by @ApeXProtocolCN|Dex With ApeX
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