Viewpoint: The minutes of the Federal Reserve meeting are expected to reiterate the wait-and-see stance in response to Trump's ever-changing situation

Odaily Planet Daily News: The Federal Reserve weakened market expectations for its recent adjustment of policy rates at its May meeting, and the meeting minutes released on Wednesday may indicate the extent to which policymakers are sticking to the current wait-and-see attitude. This summary will be released at 2:00 am Beijing time on Thursday, but since the meeting, some key content has been covered by new developments. At the time of the meeting, the large-scale tariffs announced by Trump in early April were causing strong concerns in the market about the impact of the trade war on the global economy. Until the impact of changes in the global trade situation on the economy is clear, the Federal Reserve has little reason to adjust its policy rate of 4.25% -4.50%, which has been maintained since December last year. Investors currently expect the Federal Reserve to keep interest rates unchanged at its June and July meetings, but cut rates by 25 basis points each in September and December. (Golden Ten)