04:24:09
"New Bond King" Gundlach: The Fed may have to cut interest rates more than expected.
04:23:42
Spot silver rose 4.00% during the day and is currently trading at $23.67 per ounce.
04:23:26
"New Bond King" Gundlach: Next year we will see U.S. bond yields drop to a low range starting with 3.
04:21:40
"New Bond King" Gundlach: The annual CPI rate in the United States may reach 2.4% in June next year.
04:21:27
Lindsay Rosner, analyst at Goldman Sachs Asset Management: Fed put options are making a comeback.
04:21:23
Spot gold rose 2.00% during the day, climbing to US$2,020 per ounce, up US$40 during the day.
04:17:12
COMEX silver futures rose 4.00% during the day and are currently trading at $23.94 per ounce.
04:16:58
Fed Chairman Powell: Closely monitoring reserve levels, which are still more than adequate.
04:15:58
Fed Chairman Powell: Interest rate policy and balance sheet reduction are on different tracks.
04:13:55
Fed Chairman Powell: The balance sheet is operating basically as expected.
04:13:34
Fed Chairman Powell: Reluctant to say the "last mile" to fight inflation will be more difficult.
04:13:18
Fed Chairman Powell: We are not talking about changing the pace of quantitative tightening.
04:12:46
Federal Reserve Chairman Powell: So far, everything is going well in the decline of U.S. inflation.
04:12:20
Fed Chairman Powell: We believe there is still some room for supply-side help in fighting inflation.
04:09:59
Fed Chairman Powell: It will take some time for policy to affect the economy.
04:09:44
Fed Chairman Powell: Restrictions on the economy need to be reduced before inflation reaches 2%.
04:09:22
Fed Chairman Powell: The reason why we won’t wait until 2% inflation before cutting interest rates is that it would be too late and would exceed the target.
04:09:09
[The Dow hit a record high] The Federal Reserve gave a dovetail, U.S. stocks continued to rise, and the Dow hit a record high.
04:08:33
Federal Reserve Chairman Powell: It can be proved that the transfer of demand to the service industry has not yet been completed.
04:07:53
Fed Chairman Powell: We will formulate policy in an uncertain and unprecedented environment.