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    News: 2024.04.17

    5 major events in today’s financial market: Powell’s turn, UK interest rate cut is imminent

    Five important events occurred in the financial market on April 17 (Wednesday). Let us take a look at them together:

    1. Powell hints at delaying interest rate cuts

    Federal Reserve Chairman Jerome Powell said monetary policy needs to remain restrictive for longer, hinting at the possibility of delaying interest rate cuts. This news has had a certain impact on the market, and investors need to pay close attention to subsequent trends.

    2. UK interest rate cut is getting closer

    At the same time, interest rate cuts in the UK appear to be getting closer. This move may have a positive impact on the British economy, but it also needs to be aware of the risks and challenges it may bring.

    3. The global economic situation is uncertain

    Amid the uncertain global economic situation, investors need to remain vigilant and adjust investment strategies in a timely manner to cope with possible fluctuations and risks.

    4. The Sino-US trade war continues to ferment

    The Sino-US trade war continues to ferment, and the market is full of uncertainty about its future direction. Investors should pay close attention to relevant developments and adjust their investment portfolios in a timely manner.

    5. Increased volatility in global stock markets

    Global stock market volatility has intensified. Investors should remain calm, do not blindly follow market sentiments, invest rationally, and avoid making wrong decisions due to emotional fluctuations.