In the financial world of Wall Street, news surges like tidal waves, always capable of causing tremors and debates. Recently, the topic of the US dollar not lowering interest rates has become a focal point, all stemming from changes in the Federal Reserve and related economic data. Especially against the backdrop of the international market and the Chinese stock market being affected, many financial professionals have sparked intense discussions about the current state of the US economy and its future direction. We will reveal the deep implications of this event by analyzing the viewpoints of key figures, the truth behind economic data, and political factors.

Current State of the US Economy

On September 19th, the Federal Reserve announced that it would maintain interest rates unchanged, a decision that did not cause much of a stir at the time. However, as time progressed, economic data released in early September and October increasingly revealed the resilience of the US economy. Particularly surprising was the non-farm employment data released on October 4th, showing an increase in employment numbers that exceeded expectations, with the unemployment rate also continuing to decline. These performances undoubtedly gave the US economy a strong boost, prompting people to re-examine the Federal Reserve's monetary policy.

At the same time, we note that the Consumer Price Index (CPI) in August increased by 2.5% year-on-year. Although it seems to have risen slightly, against the backdrop of the overall economic recovery, this increase has not triggered inflation concerns. This series of data provides an important reference for whether the Federal Reserve will lower interest rates, and has prompted Wall Street veterans to start rethinking the future direction of monetary policy.

Viewpoint Analysis

In this environment, the voices of several financial heavyweights stand out, offering professional and unique insights. First, Ed Yardeni, a veteran Wall Street economist, pointed out that the Federal Reserve's monetary easing policy may be nearing its end. Faced with strong employment data, he believes that the improving economy makes it unnecessary for the Federal Reserve to stimulate the economy through interest rate cuts.

In stark contrast is Randy Kroszner, a former Federal Reserve governor, whose views are more cautious. He stated that the Federal Reserve still has options and can choose not to lower interest rates to observe the development of subsequent economic data. This statement seems to remind the market that the future direction of policy still has variables.

Looking at Ian Lyngen, as the head of US interest rate strategy at BMO Capital Markets, he also expressed an optimistic attitude towards the economic situation. He believes that strong employment data will lead the Federal Reserve to pause interest rate cuts in the short term, as lowering interest rates may not be the best solution to the current economic problems. As for Summers, the former US Treasury Secretary, he criticized the recent interest rate cut decision, believing that such a policy could lead to economic instability.Data Analysis and Controversy

However, it is puzzling that the non-farm employment data released on October 4th significantly deviated from the basis of the Federal Reserve's decision to cut interest rates in September. What significant changes in the U.S. economic situation occurred in such a short period? What made the Federal Reserve not fully consider the subsequent economic data when making the decision to cut interest rates?

It is worth noting that some analysts believe that these data may have been manipulated and influenced to some extent. In the politically complex United States, the authenticity of economic data often becomes the core of controversy, and many people even suspect the possibility of falsification of these data.

Conclusion

In summary, in the heated discussion of the U.S. dollar not cutting interest rates, the economic data, expert opinions, and political background behind it have intertwined into a complex picture. A policy choice may not only affect the domestic economy of the United States but also may have an impact on the global financial market, especially on the Chinese stock market. As the world's main reserve currency, the future trend of the U.S. dollar will undoubtedly become an important reference for the financial policies of various countries.

We stand at a historical node, witnessing the direction of the U.S. economy. Behind the Wall Street buzz about the U.S. dollar not cutting interest rates, there are deeper economic logic and political games. The future policy direction will not be simple but will be like a game that requires careful response. As investors say, the market is always sensitive to information, and only by continuously paying attention to new economic dynamics can we gain an advantage in this complex economic game.