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Founder & Head of Research, Fortress Hill Advisors

Alex Ng

Founder & Head of Research

Fortress Hill Advisors

Founded in Hong Kong in 2019, Fortress Hill Advisor seeks to provide premium economic and financial researches.

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Macroeconomics

<ul>
<li>The FOMC statement made fairly subtle changes to the language on inflation, with more significant dovish shifts made in the language on employment.</li>
<li>Fed is not willing to signal that a September easing is a done deal. However the tone of Jerome Powell’s press conference was generally optimistic, suggesting a likely September move.</li>
<li>Our house believe that there will be an one-off rate cut in September but unlikely a series of rate cuts in coming months, as inflation and employment are easily aroused.</li>
</ul>


The FOMC statement made fairly subtle changes to the language on inflation, with more significant dovish shifts made in the language on employment.
Fed is not willing to signal that a September easing is a done deal. However the tone of Jerome Powell’s press conference was generally optimistic, suggesting a likely September move.
Our house believe that there will be an one-off rate cut in September but unlikely a series of rate cuts in coming months, as inflation and employment are easily aroused.


예상 밖의 FOMC 7월 성명