Odaily Planet Daily News: Ian Lyngen and Vail Hartman, US interest rate strategists at BMO Capital Markets in Canada, said that we are all very clear that as Trump continues to improve US trade policies, the overall direction of US interest rates may quickly shift. The testimony of Federal Reserve Chairman Powell on Tuesday will be noteworthy as we will learn how he will describe the tariff measures announced so far and whether these measures will make it more likely for the FOMC to respond through monetary policy. Our view remains that the greater the increase in tariffs, the greater the likelihood that Powell will postpone the resumption of normalization until later this year. (Golden Ten)
