#美联储政策与降息预期 Fed officials have recently released strong hawkish signals, which cannot be ignored in terms of their impact on market expectations. Analysis shows that both current and incoming voting members tend to be cautious. They generally believe that inflation is still relatively high and are reserved about further rate cuts. This consistent hawkish inclination may delay the rate cut process that the market anticipates.

It is worth noting that after the rotation of the regional Fed presidents, most of the new members tend to have a hawkish stance. This means that the policy direction of the Fed may remain relatively stable for a period of time. From the perspective of capital flows, this expectation may affect investors' risk preferences, thereby influencing the allocation ratios of various assets.

It is recommended to closely monitor future economic data and speeches from Fed officials, especially changes in inflation indicators. If inflation remains above the target level, the possibility of interest rate cuts will further decrease. In this case, the high interest rate environment may persist, putting certain pressure on risk assets. Investment strategies may need to be more cautious, while also being alert to potential fluctuations in market sentiment.