TechFlow news, May 5 — According to Jinshi News, citing financial website Forexlive: This week, the independently operating Federal Reserve will certainly hold interest rates steady. There is no doubt the economy is weakening, but not yet to the extent that would force policymakers into an overly aggressive response—especially given that price pressures (particularly personal consumption expenditures) are still persistent. In this context, the potential impact of tariffs will surely keep the Fed on alert. At present, markets have not priced in expectations for a rate cut this week. Powell reaffirmed over the weekend that there are no intentions to remove Powell, but note that he also took time to post: "Without inflation, the Fed should lower rates!!" Therefore, if the Fed does not act this week, we will see just how sharply Trump scrutinizes Powell. I don't rule out Trump launching another fierce attack on Powell over this decision, which would only bring us back onto the carousel once again.
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