Odaily星球日报讯 美联储最新会议纪要将于北京时间周四凌晨 2 点发布，这份纪要详细记录了 3 月 19-20 日政策会议的讨论内容——当时美联储将基准利率维持在 4.25%-4.50%区间，并释放年内降息三次、每次 25 个基点的政策信号。自特朗普 4 月 2 日抛出全球关税计划后，美股应声大跌，多位经济学家预警年内可能出现经济衰退。鲍威尔在 4 月 4 日的讲话中明显转向鹰派，警告称“我们正面临高度不确定的前景，同时承受失业率与通胀双双攀升的风险”。最新期货市场数据显示，交易员已将年内降息预期上调至四次。（金十）

Odaily星球日报讯 美联储最新会议纪要将于北京时间周四凌晨 2 点发布，这份纪要详细记录了 3 月 19-20 日政策会议的讨论内容——当时美联储将基准利率维持在 4.25%-4.50%区间，并释放年内降息三次、每次 25 个基点的政策信号。自特朗普 4 月 2 日抛出全球关税计划后，美股应声大跌，多位经济学家预警年内可能出现经济衰退。鲍威尔在 4 月 4 日的讲话中明显转向鹰派，警告称“我们正面临高度不确定的前景，同时承受失业率与通胀双双攀升的风险”。最新期货市场数据显示，交易员已将年内降息预期上调至四次。（金十）

美联储最新会议纪要将于北京时间周四凌晨2点发布

<Odaily> Planet Daily News: The latest Federal Reserve meeting minutes will be released at 2 a.m. Beijing time on Thursday, detailing the discussions from the policy meeting on March 19-20, when the Fed maintained its benchmark interest rate in the range of 4.25%-4.50% and signaled potential rate cuts of three times this year, each by 25 basis points. After Trump announced a global tariff plan on April 2, U.S. stocks plummeted, with many economists warning of a potential economic recession this year. Powell's speech on April 4 clearly turned hawkish, warning that "we are facing a highly uncertain outlook while experiencing the risk of rising unemployment and inflation." The latest futures market data shows that traders have adjusted their expectations for rate cuts this year to four times. (Jin Shi)

<Odaily> Planet Daily News: The latest Federal Reserve meeting minutes will be released at 2 a.m. Beijing time on Thursday, detailing the discussions from the policy meeting on March 19-20, when the Fed maintained its benchmark interest rate in the range of 4.25%-4.50% and signaled potential rate cuts of three times this year, each by 25 basis points. After Trump announced a global tariff plan on April 2, U.S. stocks plummeted, with many economists warning of a potential economic recession this year. Powell's speech on April 4 clearly turned hawkish, warning that "we are facing a highly uncertain outlook while experiencing risks of rising unemployment and inflation." The latest futures market data shows that traders have adjusted their year-end rate cut expectations to four times. (Jin Shi)

The latest Fed meeting minutes will be released at 2 a.m. Beijing time on Thursday

<Odaily> White House economic advisor Hassett stated that the Federal Reserve will determine its policy direction on interest rates, and U.S. President Trump hopes to achieve fair and reciprocal trade, which he will consider when deciding whether to accept proposals from various countries. (Jinshi)

White House economic adviser Hassett: The Fed will decide its policy direction on interest rates

On April 9, Nick Timiraos, a journalist for the Wall Street Journal known as the "Fed whisperer," wrote that Federal Reserve Chairman Jerome Powell is facing an increasingly difficult task.

Economists, business owners, and investors generally believe that the uncertainty brought by Trump's sudden massive tariff increases—many of which will take effect on Wednesday—will push the economy closer to recession by weakening employment and consumption. This might require interest rate cuts to alleviate economic downward pressure.

Meanwhile, the magnitude of tariff increases could lead to significant price hikes for many imported goods, including raw materials used by domestic manufacturers. This might cause Federal Reserve officials to worry about inflation and support maintaining current interest rate levels, despite growing risks to the economy and labor market.

"They are in a dilemma," said Lawrence Meyer, a former Federal Reserve governor.

The U.S. Congress has entrusted the Federal Reserve with the responsibility of maintaining low and stable inflation and a healthy labor market. Since more than forty years ago, no U.S. president's policies have posed such a profound potential conflict to these two tasks.

Fed spokesperson: Trump's tariff policy puts Powell in a "dilemma"

U.S. President Trump increased pressure on China and promised to advance tariff measures globally, leading to a new round of fluctuations in financial markets, stock market declines, and even U.S. Treasuries, traditionally seen as a safe-haven asset, being sold off. Gold bull Peter Schiff warned: If the 10-year bond yield reaches 4.5%, the Federal Reserve should urgently announce a QE policy to prevent a repeat of the 1987 stock market crash.

As I warned earlier, the <Treasury> market is crashing. The...

U.S. Treasury yields are soaring. There are rumors that China is selling a large amount of U.S. Treasury bonds. Is the Federal Reserve going to urgently rescue the market?