News summary

[CITIC Securities: The Federal Reserve is expected to not cut interest rates during the year] Securities Times e Company Newscrashgamestation, CITIC Securities Research News believes that despite the actual neutral interest rate in the United StatescrashgamestationThe trend portion of the U.S. remains low, but the volatile portion of real neutral interest rates and short-term inflation expectations have increased, so the U.S. nominal neutral interest rate remains low.crashgamestation.crashgamestation..

crashgamestation| CITIC Securities: The Federal Reserve is expected to not cut interest rates during the year

Newsletter text

[CITIC Securities: The Federal Reserve is not expected to cut interest rates during the year] Securities Times e Company News, CITIC Securities Research believes that although the trend part of the real neutral interest rate in the United States remains low, the fluctuations in the real neutral interest rate and short-term inflation expectations have increased. As a result, the nominal neutral interest rate in the United States has risen after the epidemic. The current Federal Reserve's policy interest rate is not highly restrictive and has limited suppression of U.S. demand. Corresponding to the monetary policy path, it is expected that the Federal Reserve may not cut interest rates during the year and trade time for space to curb U.S. demand and inflation.