US Dollar:
1. US Treasury Secretary Bessenter: Not worried about a sell-off of US Treasury bonds; Japanese counterparts will step in.
2. State Street Investment Management: The Fed may cut interest rates three times in 2026.
3. Senior White House official: Trump will not announce his Fed chair nominee during the Davos Forum; he has not yet made up his mind.
4. US President Trump: US inflation has been defeated.
5. US President Trump: A stock market decline is nothing; the stock market will double. He will drive the stock market up with positive economic news.
6. US President Trump: Powell may face difficulties if he remains on the board. He hopes the Fed chair will be like Greenspan in the 1990s.
7. According to the Swedish newspaper Dagens Industri: Sweden's largest pension fund, Alecta, has sold off the vast majority of its holdings of US Treasury bonds, with the sale amounting to approximately 70-80 billion Swedish kronor (approximately 7.7-8.8 billion US dollars).
8. Norwegian Finance Minister: The presence of Norway's sovereign wealth fund in the US reflects the size of the US market. There is currently no reason to withdraw investments from the United States.
9. According to a Reuters poll, 58 out of 100 economists expect the Federal Reserve to keep the federal funds rate between 3.50% and 3.75% in the first quarter of 2026 (in a December survey, most expected at least one rate cut). 55 out of 100 economists believe the Fed will resume rate cuts in June or later.
10. The U.S. Supreme Court appears likely to reject Trump's request to immediately remove Federal Reserve Governor Cook from his post.
11. Federal Reserve Governor Cook: As long as I work for the Fed, I will uphold my independence.
12. The Atlanta Fed's GDPNow model projects U.S. GDP growth of 5.4% in the fourth quarter of 2025, up from a previous forecast of 5.3%.
13. According to the latest SWIFT data, the dollar's share of international transactions rose to 50.5% in December, up from 46.8% in the previous month. This is the highest share since 2023.
Euro:
1. Survey: Knott is the most likely successor to Lagarde at the European Central Bank.
Pound Sterling:
1. UBS: Expects the Bank of England to cut interest rates by 25 basis points each in March and June 2026, compared to previous forecasts of February and April.
2. BBC News: When asked about the possibility of US tariff retaliation, UK Chancellor Reeves replied, "We would never rule out any possibility, but we hope to reduce trade barriers."
Yen:
1. Japan's largest labor union urged the Japanese government to stabilize the exchange rate.
2. Emerging small parties in Japan warned that the central bank's rapid interest rate hikes could damage the economy.
Others:
1. Indonesian Central Bank Governor: The Indonesian rupiah's exchange rate is influenced by global and domestic factors. We will not hesitate to intervene on a large scale to defend the rupiah.
2. Thai Finance Minister: Thailand is "deeply concerned" about the baht's rise; it will use "multiple tools" to curb the baht's appreciation.
3. Swiss National Bank Vice President Schlegel: The threshold for moving to negative interest rates is high, but it is still possible to switch to negative interest rates if necessary.
