Analysis: Powell may follow in the footsteps of his predecessor with a 'hawkish farewell', and the market expects the Federal Reserve to maintain interest rate stability in June and July

BlockBeats News: On June 18th, Nicholas Colas, co-founder of DataTrek Research, pointed out that the possibility of Federal Reserve Chairman Powell announcing a rate cut plan after this week's policy meeting is extremely low, which is consistent with the pattern of his previous three chairmen stepping down. The past three chairpersons, Greenspan, Bernanke, and Yellen, all ended their terms with a hawkish tone. Powell is continuing this tradition, striving to maintain his anti inflation credibility and political independence when he leaves office. The market expects the Federal Reserve to maintain interest rate stability in June and July, but may convey its intention this week by revising its economic and interest rate forecasts. The data shows that the S&P 500 index rose an average of 16% in the last 12 months of the first three Federal Reserve chairpersons' terms. (Golden Ten)