市场分析：沃什首场会议或给特朗普送上“坏消息”

Odaily Planet Daily News: When Kevin Warsh was sworn in as Chairman of the Federal Reserve, Trump told the new chairman to "stay independent," "Don't look at me, don't look at anyone, just do your job and do it well." However, this request will soon be put to the test. After Warsh chairs his first meeting as Fed Chairman, he may have to deliver unwelcome news to Trump—despite Trump's constant calls for lower borrowing costs, the market expects the Fed to hold steady at this meeting.

Bill Adams, Chief U.S. Economist at Comerica Bank, stated that for the Fed to cut rates, they would likely need to see a new negative shock to the labor market, whether it's an escalation of the Middle East conflict or the realization of downside risks from AI to employment. If these don't happen, it will be difficult for the Fed to find a justification for cutting rates in the current environment. Economists say that robust job growth over the past three months, coupled with rising inflation related to the war with Iran, leaves policymakers with little room to cut rates. In recent weeks, traders have shifted expectations from rate cuts to potential rate hikes later this year or in early 2027. (Jinshi)