The Federal Reserve's quiet period is not calm, and many central banks usher in the last interest rate meeting of the year! CPI or raise the threshold for interest rate cuts? Gold breaking through this level will stimulate technical buying! US stocks will not easily reverse at the end of the year?
With the Federal Reserve's September 2024 interest rate meeting to cut interest rates by 50bp resolution passed, mainstream financial marekt feedback is mixed: 1. Bank stocks rose across the board; 2. The two-year US Treasury yield fell by 8 basis points in the short term, and is now reported at 3.598%; S & P 500 futures rose 0.85%, Nasdaq futures rose 1.3%, and Dow futures rose 0.51%. 4. Spot gold returned to $2,560/ounce, up 0.03% in the day; 5. Crypto market within 12 hours, multiple orders l...
With the Federal Reserve's decision to cut interest rates by 50bp at its September 2024 meeting, opinions were divided, but most of the feedback was positive. 1. Federal Reserve Chairperson Powell: will choose to accelerate or slow the pace of interest rate cuts based on actual market conditions. 2. Trump: The Federal Reserve's interest rate cut shows that the US "economy is very bad"; 3. Vice President Harris: Good news for Americans who are under pressure from high prices. 4. Nationwide Chief ...
CITIC Securities Research Report pointed out that the Federal Reserve's September 2024 interest rate meeting cut interest rates by 50bp, exceeding some market expectations. The statement of the interest rate meeting changed significantly compared with the previous one, showing the Federal Reserve's confidence in cooling inflation and support for the labor market. This dot plot shows that the target interest rate center this year is 4.4%, lower than that in 2024.
On May 1 (the early morning of May 2, Beijing time), the Federal Reserve will announce the May interest rate meeting. It is expected that the Federal Reserve will maintain the forward guidance that relies on data, the time of interest rate cuts still needs to be observed, and the downward inflation will encounter twists and turns but it is still difficult to determine the trend reversal. In addition, it is expected that the Federal Reserve will announce a slowdown in the pace of balance sheet sh...