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Odaily reported that after the Federal Reserve announced its latest interest rate decision, Wall Street's expectations regarding its interest rate trajectory are shifting. Citigroup has adjusted its forecast for the direction of Federal Reserve policy, pushing the previously expected timeline for rate cuts back by one month. This revision comes amid a more hawkish stance from officials. According to Citigroup's latest assessment, the Federal Reserve may implement rate cuts in October and December 2026, and continue to lower rates in January 2027. Previously, Citigroup's baseline scenario was for consecutive rate cuts in September, October, and December 2026, starting from September. Citigroup noted in its report: “Although Waller did not explicitly mention it, he likely agrees with our view that if officials had more time to digest the recent substantial drop in oil prices, many of the forecasted dots in the dot plot would have been lower.” (Yahoo Finance)

⑴ Eurozone government bond yields edged slightly higher on Thursday, as traders weighed the Federal Reserve’s hawkish turn against the US-Iran agreement to reopen the Strait of Hormuz. Brent crude futures traded at $78.12 per barrel, down around 1.8%, hovering near early March levels.⑵ The yield on Germany’s 10-year government bond rebounded slightly to 2.9261% after five consecutive days of declines, while the 2-year yield rose 2.9 basis points to 2.6128%.⑶ The Federal Reserve kept interest rates unchanged, but its quarterly forecast shows nine policymakers expect a rate hike before the end of 2026. The policy statement removed language suggesting a further rate cut may occur this year, prompting US short-term Treasury yields to surge.⑷ The Swiss National Bank announced it would keep rates unchanged, while the Bank of England will release its policy decision later in the day, with markets generally expecting it to hold steady. The European Central Bank raised rates last week, and the Bank of Japan followed earlier this week.

Popularity rankings show that HYPE tops the popularity list, while BEAT has the largest decline. The ranking is as follows: ① HYPE ($71.94, -0.91%) ② UNI ($3.14, -12.53%) ③ SPCX ④ ASTER ($0.6791, 2.74%) ⑤ BSB ($0.5828, 8.65%). BEAT shows weak main capital selling pressure, with a net outflow of $339,900 over 24 hours and 24-hour trading volume of $613 million, of which the main net outflow is $44,500.