Odaily Planet Daily News According to the ECB Governor Holzmann, it is expected to cut interest rates twice, up to three times, by 2024. Will support the ECB's interest rate cut next week. (Jinshi)

"US Bank analysts say that although the US Consumer Price Index softened slightly in April, it is not enough to significantly change the Federal Reserve's cautious stance on inflation. They still predict that the Fed will cut interest rates for the first time in December 2024. The sustained high core inflation rates, particularly in the services sector, support a cautious outlook, keeping the timetable for the first interest rate cut in December."

Скорость роста месячного PPI в США в апреле значительно превысила ожидания, трейдеры сокращают ставки на снижение процентных ставок ФРС США в сентябре, доходность американских облигаций, возможно, останется на высоком уровне и будет сложно снизиться.

Odaily Planet Daily News According to a Reuters survey, 65 out of 108 economists believe that the Federal Reserve will cut interest rates by 50 basis points in 2024, while 17 economists believe that the cut will exceed 50 basis points. One economist believes that there will be no interest rate cut. (Reuters)

Odaily planet news According to CME's "Fed Watch", the probability of the Federal Reserve maintaining interest rates unchanged in June is 96.5%, and the probability of a 25 basis point rate cut is 3.5%.

Through speculating that the Bank of England will cut interest rates ahead of the Federal Reserve, speculators have increased their short positions on the pound to a 16-month high.