Citibank warns: Don't just focus on the "Trump trade", the Federal Reserve is the key!

Citibank warns investors not to focus only on the "Trump trade", the Federal Reserve is the key factor. Investors are betting that the Federal Reserve will cut interest rates in September, or start a rate-cutting cycle later this month. Federal Reserve Chairman Powell stated that the Federal Reserve is increasingly confident that inflation is moving towards its long-term target of 2%. On Wednesday, Federal Reserve Board member Waller stated that the Federal Reserve will cut interest rates in the "near future". Before the November US presidential election, investors should focus on preparing their investment portfolios for a environment of declining interest rates