Markets likely to focus on Fed's initial impressions of Trump administration

Odaily Planet Daily News: Geoff Yu, EMEA market strategist at Bank of New York, said that the Federal Reserve's federal funds rate is expected to remain unchanged this week, and the market may pay more attention to the Federal Open Market Committee's initial impression of the Trump administration. Yu said that this will definitely be a core issue in the press conference of Federal Reserve Chairman Jerome Powell. Yu also said that Bank of New York believes that the macroeconomic outlook has hardly changed compared with December last year, and the Fed may admit that further easing policies will be gradual, but it still depends on the data. (Jinshi)