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a 50 basis point cut! the federal reserve cut interest rates for the first time in more than four years. the top six global institutions made their judgments

2024-09-19

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reporter of china business network: cai ding and zhang shoulin

at 2:00 a.m. beijing time on september 19, the federal open market committee (fomc) of the federal reserveit announced a 50 basis point cut in the federal funds rate to 4.75%-5.00%, exceeding market expectations and marking the first rate cut since march 16, 2020.

at this point, the fed’s policy shift has been completed, and a new round of monetary easing cycle has officially begun.

the fomc policy statement said that although inflation has made further progress toward the 2% target, it is still at a "slightly high" level, and the risks facing employment and inflation targets are in a balanced state. after the fed's interest rate decision was announced, the us stock market's gains expanded. as of press time, the nasdaq rose more than 1%, the s&p 500 rose 0.72%, and the dow jones rose 0.74%. spot gold continued to rise.reaching upwardsthe $2,600/ounce mark hit an all-time high.

the fed's rate cut has a significant impact on global asset allocation, us dollar liquidity, us stocks, us bonds, commodity trends and other countries' economies. which markets or sectors will usher in new investment opportunities? how will the us dollar, us stocks and us bonds perform? will china's economy and capital markets be affected by the fed's rate cut? how will investors "respond"?