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The Zhitong Finance App learned that on the eve of the Federal Reserve's September monetary policy meeting (scheduled to be held on September 15-16), US President Trump and senior administration officials spoke intensively, urging the central bank not to raise interest rates, and even calling for a reduction in the benchmark interest rate. However, market transaction data shows that investors expect the probability of interest rate hikes at this meeting to be as high as 60%, forming a clear confrontation between the White House and Wall Street.
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The Zhitong Finance App learned that on the eve of the Federal Reserve's September monetary policy meeting (scheduled to be held on September 15-16), US President Trump and senior administration officials spoke intensively, urging the central bank not to raise interest rates, and even calling for a reduction in the benchmark interest rate. However, market transaction data shows that investors expect the probability of interest rate hikes at this meeting to be as high as 60%, forming a clear confrontation between the White House and Wall Street.
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