美联储鲍威尔发表讲话后，美股再度下跌

Odaily Planet News: After Federal Reserve Chairman Powell's speech, the U.S. stock market fell again, with the S&P 500 dropping 1.6%, the Nasdaq falling 2.5%, and the Dow Jones falling over 1%. (Jinshi)

Odaily Planet News: After Federal Reserve Chairman Powell's speech, the U.S. stock market fell again, with the S&P 500 index dropping 1.6%, the Nasdaq falling 2.5%, and the Dow Jones falling over 1%. (<Jin Shi>)

U.S. stocks fall again after Fed's Powell's speech

Powell's speech venue is precisely the place where Trump previously discussed high tariffs and the replacement of the Federal Reserve Chairman.

Author: Zheng Yao

Tonight, all eyes will be on Federal Reserve Chairman Powell. He will attend the Chicago Economic Club event and deliver a speech at 1:30 AM Beijing time on April 17th. Global investors, analysts, and market participants are waiting for Powell's response to recent economic developments.

Interestingly, the venue for Powell's speech is exactly the place where Trump visited in October 2024 and extensively discussed high tariffs and the replacement of the Federal Reserve Chairman. Although the United States has temporarily suspended...

Powell made a major statement tonight, and the global market is paying attention to three major suspense

<Odaily> Research analyst Carlos Guzman from crypto market maker GSR stated that market participants will closely watch Federal Reserve Chairman Powell's speech this week. They are eager to understand the Fed's stance on potential recession. He said, "When the tariff policy suspension was announced, people's primary concern was that it might lead to a large-scale economic contraction. At that time, the market expected up to four interest rate cuts this year." After Trump announced a 90-day tariff suspension last week, recession expectations decreased, and interest rate cut expectations weakened accordingly. However, Guzman mentioned that the market still expects more interest rate cuts than before Trump's tariff policy suspension. He stated, "If the global economic situation looks bad, the Federal Reserve might adopt more stimulus policies. This could be a medium-term positive for cryptocurrencies, although the impact might be limited in the short term due to recent volatility." (Decrypt)

Analysis: Market focuses on Powell's speech this week, interest rate cut expectations and global recession risks remain in focus

Odaily Planet News: Federal Reserve Chairman Powell stated that the labor market is solid, overall maintaining balance, and currently not exerting pressure on inflation. Over the 12-month period ending in March, PCE is expected to grow by 2.3%, with core PCE projected to increase by 2.6%. (Jinshi)