We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Powell Prep: Fed Chair Ahead as Iran Updates Eyed

Powell Prep: Fed Chair Ahead as Iran Updates Eyed

2025/6/24
logo of podcast Schwab Market Update Audio

Schwab Market Update Audio
AI Deep Dive AI Chapters Transcript
People
C
Colin Martin
无可用信息。
K
Keith Lansford
M
Michelle Bowman
Topics
Keith Lansford: 我认为今天市场关注的焦点主要集中在两个方面：一是美联储主席鲍威尔在国会的半年度货币政策报告，市场希望从中寻找未来利率政策的线索；二是中东地区，特别是伊朗局势的最新发展，因为地缘政治风险可能对市场产生重大影响。此外，联邦快递的财报也将提供关于经济状况的重要信息。我认为鲍威尔可能会被问及美国对伊朗的袭击如何影响美联储的经济前景，特别是考虑到油价上涨可能带来的通胀压力。此外，市场也关注其他美联储官员对利率的看法，例如Christopher Waller和Michelle Bowman的鸽派言论，他们认为可能最早在下个月降息。 Michelle Bowman: 我认为，如果通胀压力持续受到抑制，我个人会支持最早在下次会议上降低政策利率，目的是使利率更接近中性水平，并维持健康的劳动力市场。即使通胀率正在接近美联储2%的目标，劳动力市场面临的风险也可能上升，因此需要采取行动。 Colin Martin: 我认为，尽管点阵图的中位数显示今年可能降息两次，但实际上有相当一部分官员并不预期降息，这表明内部存在分歧。考虑到许多官员似乎并不急于降息，今年年底前实现两次降息的门槛可能相当高。此外，大宗商品市场的相对平静可能有助于保持国债收益率的稳定，因为通胀预期并未出现显著反应。由于油价已回落至接近上周五的水平，市场对汽油价格飙升以及通胀因此上升的担忧有所缓解。

Deep Dive

Chapters
This chapter analyzes Fed Chair Jerome Powell's semi-annual monetary policy report to Congress, focusing on potential questions regarding the recent U.S. attack on Iran and its economic implications. It also discusses differing opinions among Fed policymakers on the rate path and the potential for rate cuts.
  • Fed Chair Powell's semi-annual monetary policy report to Congress.
  • Potential impact of the U.S. attack on Iran on the Fed's economic outlook.
  • Differing opinions among Fed policymakers on the rate path.
  • Potential for rate cuts.

Shownotes Transcript

Fed Chair Powell addresses legislators today and may be asked about dovish remarks from policy makers. Separately, Middle East developments remain top of mind, and FedEx reports.

Important Disclosures

The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed.

Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.

The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.

All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.

Past performance is no guarantee of future results, and the opinions presented cannot be viewed as an indicator of future performance.

Investing involves risk, including loss of principal.

Diversification strategies do not ensure a profit and do not protect against losses in declining markets.

Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions.

The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.

Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.

The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.

(0130-0625)