Tony Welch: The threshold for the Federal Reserve to raise interest rates remains very high, and there is no apparent demand for interest rate cuts in the economy

According to Jinshi News, Tony Welch, Chief Investment Officer of Signature FD in Atlanta, stated that the market's reaction to the Federal Reserve's decisions is not significant, as signals have basically been released in advance. He pointed out that the current environment does not urgently require interest rate cuts, and the bond market has noticed a slow decline in the probability of rate cuts, with interest rates trending upward. Welch believes that unless there is an economic deterioration, the threshold for raising interest rates remains very high.