Expectations for Fed Rate Cuts Strengthen, Market Focuses on Magnitude and Pace
ChainCatcher News, according to Golden Ten Data, as a series of employment and inflation data have been released, the market has fully priced in that the Federal Reserve will resume interest rate cuts this week. Analysts generally believe that a 25 basis point rate cut by the Federal Reserve this week is highly probable, but the possibility of a 50 basis point cut cannot be ruled out. Yang Zirong, associate researcher at the Chinese Academy of Social Sciences, stated that after the rate cut, the stock market will benefit in the short term from the boost of loose monetary policy, and the US Dollar Index has downward momentum.
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