Xinhua Shanghai Precious Metal Investment and Financial Management

Xinhua Shanghai Precious Metals Trading Center, Asphalt Silver Copper Platinum, Telephone Recruitment Member Agent Account Opening Investment High Commission Information The U.S. dollar continued its strong trend since Trump won the election on May last week, rising to its highest point in nearly fourteen years, and government bond yields also continued to rise sharply.
However, during his campaign, Trump also promised to renegotiate or suspend international trade agreements, which analysts believe will suppress the economy.
As a close ally of Federal Reserve Chairman Yellen, New York Fed President Dudley said that free trade is generally good for the economy.
He said at a press conference held by the New York Fed last Friday that there are still major uncertainties about what policies President-elect Trump and the Republican-controlled Congress will introduce.
We don't really know exactly what's going to happen in terms of fiscal policy. Dudley said it was important not to jump to conclusions before policies were actually determined.
Dudley believes it is too early to predict this. Based on the recent performance of financial markets, he found that financial markets are pricing in more aggressive government spending and expectations of higher growth and rising inflation.
Market trends appear to be consistent with expected adjustments in economic policy trends. Dudley said, "So I don't think the current trend in financial markets brings worries to monetary policy."
When asked about Trump's pledge to boost economic growth to about 20%, Dudley said that was possible but unusual because it would require significant increases in employment and productivity.
Dudley said that people do expect fiscal policy to shift in the direction of launching more stimulus measures. The rise in Treasury bond yields and expectations that the Federal Reserve will slightly accelerate the pace of interest rate hikes in 2020 and further accelerate policy tightening in 2020 seem to confirm this. .
Xinhua Shanghai Precious Metals National Investment Promotion is hosted by the Agricultural Bank of China. The investment hotline welcomes friends from inside and outside the industry to consult.