On April 19th, the midpoint of RMB was quoted at 7.Wwwbaccaratcom.1046, down 26 points, and the midpoint price was at 7.1020 in the previous session.

Fed Williams: no sense of urgency to cut interest rates at all

Williams, president of the Federal Reserve Bank of New York, said there was no rush to cut interest rates and that economic data would determine the timing. "Monetary policy is in a good position," he said in Washington on Thursday.WwwbaccaratcomSaid at the Semafor World Economic Summit. "the current level of interest rates is gradually pushing us to achieve our goals. So I don't feel the urgency of cutting interest rates at all. I think monetary policy is playing exactly the role we want to see. " William Jusi also said on Thursday that raising interest rates was not his baseline expectation, but that it was possible if economic data supported such an approach to meet the Fed's inflation target.

JPMorgan Chase analyst: the probability of the Fed raising interest rates this year is very low and the possibility of not cutting interest rates is relatively high.

'The chances that the Fed will continue to raise interest rates are very, very low, while the chances of the Fed not cutting rates this year are relatively high, 'said JPMorgan analyst Pinto.