[SMM Silver Market Weekly Review: Macro Bullish Factors Boost Silver Prices, High-Level Fluctuations Observed]
The domestic release of the 2025 government work report continues to boost consumption, with this year's consumption subsidies reaching 300 billion yuan, higher than last year's 150 billion yuan subsidy scale.
In terms of monetary policy, the US Fed's "third-in-command" has started considering the impact of tariffs on prices, stating that there is currently no need to adjust policies.
Due to concerns that Trump's tariffs may drag down global economic growth, coupled with a series of underperforming US economic data, the market is betting on the US Fed cutting interest rates three times this year. The US dollar index weakened, providing a boost to precious metal trends.
