News

PANews January 28th news, according to Jinse Finance, the US Dollar Index surged in the short term, now up 0.8%, at 96.56 points. US Treasury Secretary Bensent stated that the United States has always pursued a strong dollar policy, and the US will "absolutely not" intervene in the USD/JPY exchange rate at present. A narrowing trade deficit should boost the dollar.

BlockBeats News, January 28, JPMorgan, Citigroup, and three other major institutions have provided their outlooks on the Federal Reserve's interest rate cut pace in 2026 and the key points of tonight's rate decision: Barclays Rate cut forecast: A total cut of 50 basis points (in June and December). Viewpoint: It is expected that the FOMC will signal that it is not in a hurry to further cut rates. The committee may indicate that the current downside risks to employment and upside risks to inflation have become balanced. Powell's statement: He is expected to reinforce the FOMC's stance of not rushing to cut rates. Bank of America Rate cut forecast: A total cut of 50 basis points (in June and July). Viewpoint: Political factors may become the focus of the January meeting. The Federal Reserve will firmly maintain the status quo, and the risk balance is expected to remain unchanged. Powell's statement: The press conference may revolve around political rather than policy issues. However, in terms of policy, current market pricing may bring the risk of a dovish surprise. Citigroup Rate cut forecast: A total cut of 50 basis points (in June and September). Viewpoint: If the next rate cut is aimed at policy normalization rather than addressing urgent risks, decision-makers may seek a broader consensus than in December last year, which would require more definite progress on inflation. Powell's statement: He is likely to emphasize that the three recent rate cuts have helped stabilize the job market, and that the current policy stance is well-positioned to assess its impact. JPMorgan Rate cut forecast: No rate cuts in 2026. Main viewpoint: After previously completing three risk-management rate cuts, many FOMC members have indicated that now is an appropriate time to pause. Powell's statement: He is expected to state that the current policy is sufficient to address the risks facing the dual mandate, and will avoid discussing various political topics involving the Federal Reserve. Wells Fargo Rate cut forecast: A total cut of 50 basis points (in March and June). Viewpoint: A strong argument is that the longer the FOMC waits to cut rates, the higher the threshold becomes, from an economic perspective, to justify further policy easing. Powell's statement: He is not expected to hint at further policy easing at the next meeting in March. He is likely to be asked about the Department of Justice investigation, but his response is expected to be consistent with previous statements. (Golden Ten Data)

BlockBeats News, January 28th, five major institutions including JPMorgan Chase and Citigroup look ahead to the Fed's 2026 rate cuts and tonight's rate decision focus as follows: Barclays Bank Rate Cut Prediction: Total rate cut of 50 basis points (June and December). Viewpoint: It is expected that the FOMC will signal that it is not in a hurry to further cut rates. The committee may point out that the current downside risks to employment are balanced with upside risks to inflation. Powell's Statement: It is expected that he will reinforce the FOMC's stance of not rushing to cut rates. Bank of America Rate Cut Prediction: Total rate cut of 50 basis points (June and July). Viewpoint: Political factors may become a focus in the January meeting. The Fed is expected to firmly maintain the status quo, with no change in the assessment of balanced risks. Powell's Statement: The press conference may revolve around political rather than policy issues. However, in terms of policy, the current market pricing may bring unexpected dovish risks. Citigroup Group Rate Cut Prediction: Total rate cut of 50 basis points (June and September). Viewpoint: If the next rate cut is aimed at policy normalization rather than addressing immediate risks, decision-makers may seek a broader consensus than in December last year, contingent on clearer inflation progress. Powell's Statement: He is likely to emphasize that the just-completed three rate cuts have helped stabilize the job market, and the current policy stance is appropriate to assess its impact. JPMorgan Chase Rate Cut Prediction: No rate cuts in 2026. Main Points: After completing three risk management rate cuts earlier, many FOMC members have indicated that the current pause is an appropriate time for action. Powell's Statement: It is expected that he will indicate that current policy is sufficient to address the risks facing the dual mandate, and will avoid discussions involving various political issues related to the Fed. Wells Fargo Bank Rate Cut Prediction: Total rate cut of 50 basis points (March and June). Viewpoint: A strong argument is that the longer the FOMC waits to cut rates, the higher the economic threshold needed to further ease policy. Powell's Statement: It is expected that he will not imply further policy easing at the next meeting in March. He is likely to be asked about the Department of Justice's investigation, but responses are expected to be consistent with earlier statements. (FXStreet)