Regarding interest rate cuts! Several Federal Reserve officials have spoken out, with possible action as early as June.

① On Thursday local time, Cleveland Fed President Loretta Mester ruled out the possibility of a Federal Reserve rate cut in May but hinted at a possible cut in June; ② On the same day, several Federal Reserve officials publicly discussed the matter of rate cuts. Federal Reserve Governor Christopher Waller also stated that he would support a Federal Reserve rate cut if there is a significant rise in the unemployment rate.

cls.cn21:39 ET

The U.S. Treasury's 7-year bond auction was lackluster, with the problem still lying in overseas demand.

The portion of indirect bids representing overseas demand only secured 59.3% of the total allocation, down from March's 61.2%, marking the lowest level since December 2021. This marks the second consecutive auction of the 7-year bond to experience a tail. Analysts say that if foreign demand really collapses, the Federal Reserve will have no choice but to intervene and start monetizing these government bonds.

wallstreetcn16:01 ET

Daily Roundup of Key US Economic Data for April 24

MT Newswires14:28 ET

Treasury Yields, Dollar Fall as Trade Worries Loom -- Market Talk

WSJApr 24 09:02 ET

March US Durable Goods New Orders Post Much Larger-Than-Expected Gain, Lifted by Transporation Surge

MT NewswiresApr 24 08:41 ET

Is Recession 'Inevitable'? Markets Say Don't Be so Sure.

MarketWatchApr 23 23:14 ET