Amidst stock market turbulence, the "strongest alpha" emerges! Tariffs cannot suppress the explosive expansion of AI computing power.
Taiwan Semiconductor stated that no changes in customer behavior due to USA tariffs have been observed, and its optimistic expectations contrast sharply with the uncertainties in the global market.
Support Powell? The "third-in-command" of the Federal Reserve stated that there is no necessity to adjust interest rates in the short term!
① The President of the New York Federal Reserve, Williams, believes that there is no need to change the Federal Reserve's interest rate policy in the short term, although Trump's tariffs may increase inflation, weaken economic growth, and raise unemployment rates. ② Williams emphasized that the Federal Reserve needs to ensure that inflation does not continue to rise and to bring inflation back to the target level of 2%.
Reports indicate that Trump intends to replace Powell, while former Federal Reserve officials advise against interfering with the independence of the central bank.
Recently, USA President Trump met with former Federal Reserve Board member Kevin Walsh to discuss the possibility of replacing current Federal Reserve Chair Powell ahead of schedule.
Daily Roundup of Key US Economic Data for April 17
IHS Markit Slashes Global Growth Outlook Amid Mounting Investor Jitters
Treasury Yields Tick Lower as U.S. Labor Market Shows Resilience -- Market Talk
MultiBaggers : KNNBCCB Donald Trump !
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