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

Odaily News The latest minutes of the Federal Reserve's meeting will be released at 2 a.m. Beijing time on Thursday. The minutes record in detail the discussions at the March 19-20 policy meeting, when the Fed maintained the benchmark interest rate in the range of 4.25%-4.50% and released a policy signal of three rate cuts this year, each by 25 basis points.

Since Trump announced the global tariff plan on April 2, U.S. stocks have plummeted, and many economists have warned that a recession may occur this year. Powell turned hawkish in his speech on April 4, warning that "we are facing a highly uncertain outlook and the risk of both rising unemployment and inflation." The latest futures market data shows that traders have raised their expectations for interest rate cuts this year to four times. (Jinshi)