Cutting interest rates by 50 basis points! The Federal Reserve initiates a aggressive first step to open a period of monetary easing.
Understand the attitude changes of policymakers in the Federal Reserve's latest statement, providing investors with the latest macroeconomic news.
Over a hundred former Republican officials have written an open letter supporting Harris: Trump is not suitable to regain the White House.
① These Republican officials have served in institutions such as the White House, Department of Defense, Department of the Treasury, Department of State, Department of Justice, Department of Homeland Security, and Congress; ② These officials expressed that although there may be policy differences with Harris, compared to the "chaos and unethical behavior" displayed by Trump, these concerns are insignificant.
Will the Fed's interest rate cut boost small stocks? Is the rate cut just "noise"?
Analysts pointed out that small stock investors should not be obsessed with the debate over 25 basis points or 50 basis points because this magnitude "will not have such a big impact on the economy in the long term."
US stock market in the morning | Market awaits the Fed's decision, with the three major indices showing mixed movements; space concept stock LUNR surged nearly 50%, securing a contract of nearly 5 billion USD from NASA.
The Federal Reserve is about to enter an interest rate cut cycle, with borrowing costs staying at a high level for over a year. However, traders have different opinions on whether the Fed will announce a 25 basis point or 50 basis point rate cut on Wednesday. Currently, the market implies a 50% chance of a larger rate cut.
The pros and cons of the Fed cutting interest rates by 50 basis points.
A rate cut of 50 basis points can further reduce the probability of recession, but the probability of consumer price inflation and/or asset inflation will increase.
US Stock Market Outlook: The Federal Reserve's interest rate meeting is coming tonight; Pre-market soars nearly 53%! US space concept stock LUNR secures nearly $5 billion contract.
Apple has been surpassed by Xiaomi again after 3 years, falling to the third largest mobile phone brand in the world in August; United States Steel rose nearly 4% in pre-market trading, and the CEO said he is confident that the acquisition deal will eventually be approved by the US government; Another major bank is strongly bullish on gold: it will rise to $2900 next year.