Federal Reserve September Rate Decision: 25 Basis Point Rate Cut Almost Certain, Three Key Highlights May Ignite the Market
Jinse Finance reported that the Federal Reserve will announce its interest rate decision at 2:00 a.m. Beijing time on Thursday. The market generally expects the first rate cut of 25 basis points since December last year. Key points to watch include: first, the voting results may show a "three-way split," with some officials supporting a larger rate cut of 50 basis points and others opposing any cut; second, the updated dot plot and economic forecasts will reveal differences among officials regarding inflation, employment, and the future path of rate cuts; third, whether Powell's press conference can ease market concerns about increasing political influence on the Federal Reserve. The market has currently priced in additional 25 basis point rate cuts by the Federal Reserve in both October and December.
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