The Fed announces! Cut interest rates by 50 basis points, Powell makes a major statement!
The Fed's interest rate cut is official!
Here comes the full text! Powell's press conference was quite hawkish, causing a major reversal in assets. What did he say exactly? (Chinese-English Comparison)
If the economy remains stable and inflation continues to exist, the Federal Reserve will switch to cutting interest rates more slowly; if the labor market unexpectedly weakens or inflation decreases faster than expected, it is also prepared to respond with aggressive interest rate cuts.
Gundlach Says the Fed Still a Bit Behind the Curve After Large 50bp Rate Cut
IShares 20+ Year Treasury Bond ETF Options Spot-On: On September 18th, 912.84K Contracts Were Traded, With 5.3 Million Open Interest
On September 18th ET, $iShares 20+ Year Treasury Bond ETF(TLT.US)$ had active options trading, with a total trading volume of 912.84K options for the day, of which put options accounted for 42.57%
Express News | Federal Reserve Chairman Powell: It should not be assumed that a 50 basis point rate cut represents a new rhythm.
Express News | Federal Reserve Chairman Powell: The Federal Reserve will accelerate, slow down, or pause interest rate cuts as appropriate.
S&P 500, Gold Strike All-Time Highs After Fed Cuts Rates For First Time In 4 Years, Stocks Climb
Express News | Federal Reserve Chairman Powell: The overall strength of the US economy has cooled down the labor market from its previous overheated state.
Express News | The Federal Reserve raised its forecast for the US unemployment rate to 4.4% in 2024 and lowered its forecast for US GDP growth to 2.0% in 2024.
Express News | The Federal Reserve's policy statement: Inflation has made further progress towards the 2% target, but still remains at a "slightly high" level.
Express News | The Federal Reserve dot plot: The Federal Reserve expects the federal funds rate to be 4.4% at the end of 2024.
Express News | The Federal Reserve announced a 50 basis point rate cut, initiating an interest rate reduction cycle.
Former Federal Reserve "Hawk King": Interest rates should be cut by 25 basis points tonight, otherwise there will be no defense.
Brad believes that the Federal Reserve cannot defend a 50 basis point rate cut. The former 'Fed gossip agency' also stated that the communication of a 50 basis point rate cut is more challenging.
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.
What risks will the market face if the Federal Reserve doesn't cut interest rates by 50 basis points?
Goldman Sachs pointed out that the current market pricing is aggressive, with the risk of expectations falling short, which may have a negative impact on market sentiment and asset prices. The pace of future interest rate cuts may also be slower than market expectations. The market will focus on the released "dot plot" for more specific guidance from the Federal Reserve on future interest rate cuts and scope.
Bullish on US stocks | More policy support! Li Auto Inc. jumped over 12% overnight; Rate cut expectations boost credit card companies to hit new historical highs.
Heavy investment! Blackrock joined hands with Microsoft to bet on the AI track, reaching the $900 mark overnight and hitting a new historical high, with a 1.04% increase; target price was raised by major bank analysts! Applovin, a mobile advertising technology company, soared more than 6% overnight, surging more than 40% in the past 5 trading days, and has risen more than 200% so far this year, creating a new historical high again.
Difficult to sleep tonight! The suspense of interest rate cut is soaring, the market's divergence is intensifying, what script will the interest rate debate perform tonight?
The Federal Reserve's interest rate cut in September is a done deal, but there is a fierce debate over the magnitude of the rate cut. The camps advocating for a 50 basis point cut and a 25 basis point cut continue to argue with each other.
Daily options tracking | Bullish signals everywhere! Intel's multiple call options have doubled in premium and surged; Gold ETF trading is hot, with the call-to-put ratio climbing to 63%.
Tesla's trading volume yesterday surged 30% compared to the previous trading day, reaching 1.22 million shares. The call option chain skyrocketed to 65%. Among the options chain, the long positions occupy the main position, with the largest volume being the call option with a strike price of $235 expiring this Friday, with a volume of 0.1 million shares.
Morgan Stanley fund: When will the convertible bond market reach a turning point?
Overall, the long-term value of convertible bond assets is gradually becoming apparent.
Tonight, the world is paying close attention! The "giant ship" of the Federal Reserve's interest rate cut will officially set sail.
①For the global financial markets, tonight is destined to be a sleepless night... ②As scheduled, the Federal Reserve is scheduled to announce the September interest rate decision at 2:00 AM Beijing time on Thursday; ③It is generally expected in the industry that the Federal Reserve will announce the first rate cut in 4 years at this meeting, with little suspense, but at the same time, this is also the most 'mysterious' or uncertain Federal Reserve interest rate night in recent years.