Foreign media: US President Trump announced that he would fire Federal Reserve Governor Lisa Cook, causing market concerns about the independence of the Federal Reserve. As a result, US Treasury yields and the dollar fell, while the stock market rose slightly.
Market expectations suggest that the Federal Reserve may be more inclined to cut interest rates, which has driven down short-term Treasury yields, while long-term Treasury yields have fallen less. Investors are also watching the upcoming US personal consumption price data, which is the inflation indicator favored by the Federal Reserve.
Additionally, European stocks fell due to political uncertainty in France, while global stock indices remained largely unchanged.
Original article: www.toutiao.com/article/1841577601470663/
Statement: This article represents the views of the author and does not necessarily reflect the views of the publisher.