Unlikely to See a Fed Cut for Rest of the Year, Says Bank of Singapore’s Lee

The transcript discusses the Federal Reserve's high threshold for rate cuts, projecting increased unemployment and easing GDP growth. Despite trade headwinds, a trade agreement is expected, making a Fed cut unlikely this year. The bond market reacted to trade tensions, showing a dichotomy with the SMP near its all-time high and Treasury rates low. The divergence between stocks and yields is noted, with future outcomes hinging on trade developments. Trust issues in trade talks are highlighted, complicating negotiations.

What are the expectations for GDP growth and unemployment rate over the next two years?

What factors are influencing the Federal Reserve's decision to potentially cut interest rates?

What does the speaker mean by 'green shoots' in the context of the US economy?

How is the current economic situation reflected in the bond market according to the text?

What challenges does the speaker foresee in the trade talks between the US and China?