Ruixun: The Federal Reserve will observe the trade negotiations and the impact of tariffs before cutting interest rates

BlockBeats News: On May 7th, Ipek Ozkardeskaya, an analyst at Ruixun Bank, stated in a report that the news of the US China talks may increase hopes of easing trade tensions, boost risk appetite, and lead to a recovery of the US dollar. The trade war was supposed to boost demand for safe haven dollars, but it did not happen. At the same time, the market generally expects the Federal Reserve to keep interest rates unchanged. Before cutting interest rates, the Federal Reserve may observe the progress of trade negotiations and the impact of tariffs on economic growth and inflation. (Golden Ten)