On February 2, the Federal Reserve’s interest rate meeting announced a 25 basis point rate hike, which was in line with market expectations, but Powell said that two rate hikes are still possible, and that he will not consider a rate cut within the year, which also means that the rate hike will eventually be discussed in May The meeting ended at the end of the meeting. In addition, judging from the performance of the interest rate futures market, the end point of raising interest rates is in May, but the interest rate will still be cut at the end of the year.
From the perspective of financial market performance, U.S. stocks were extremely optimistic, U.S. bond yields fell, the U.S. dollar index fell again, and gold broke through key nodes. This also shows that the market is still optimistic about the Fed’s passive monetary policy in the future.
In the short term, gold may still be optimistic, and silver is expected to maintain a strong trend, and even choose to make up for the rise when gold is overheated. Investors must pay attention to the recent performance of the US dollar index. In theory, with the European Central Bank raising interest rates by 50 basis points, the US dollar It is expected that the index will gradually bottom out and rebound.