Why is the first rate cut 50 basis points? 9 "key points" of the Fed's decision not to be ignored.
On this globally attention-grabbing night of the Fed's interest rate cut, what key signals did the Fed actually release? In addition to the decision to cut interest rates by 50 basis points, what other key details should not be overlooked? We have summarized the "key points" of 9 interest rate meetings to provide readers with a clear understanding.
China and Japan, the two major creditors, reduced their holdings of US bonds in July: China's total holdings decreased by nearly 40 billion US dollars this year.
On Wednesday, September 19th local time, the US Department of Treasury released the Treasury International Capital (TIC) report for July 2024. The report shows that the scale of US Treasury holdings by foreign investors reached a new all-time high in July. However, the two largest foreign debt holders of the US, Japan and China, both chose to reduce their holdings.
The global major changes have begun! The stock markets in Japan and South Korea opened high. Which assets are affected by the interest rate cut by the Federal Reserve?
The era of great changes has already begun!
Futu Morning News | The Federal Reserve cuts interest rates by 50 basis points, and the US stock market sees a roller coaster market! Powell: Don't think this is a new pace of interest rate cuts.
"Fed Horn": The Federal Reserve is actually making up for lost time; Polls: Harris leads Trump in swing states Pennsylvania and Michigan; Apple is up nearly 2%, and Morgan Stanley is expected to take over its credit card project from Goldman Sachs.
The Federal Reserve has made a rare and significant cut of 50 basis points! Powell: Don't think this is a new pace of rate cuts.
Federal Reserve Chairman Powell's hawkish comments indicate that the Fed's economic forecast summary does not indicate any urgency to cut interest rates. Monetary policy decisions will be driven by data, and rate cuts will be accelerated, slowed down, or paused as needed. He stated that the increased downside risks to US employment are worth watching, and the subsiding upside risks to inflation are encouraging, but the fight against inflation is not yet won. The Fed does not have a predetermined policy path and will decide on actions at future meetings.
TOP 20 transaction volume | Nvidia fell nearly 2%, with a transaction volume of over 35.5 billion US dollars; Apple rose nearly 2%, and Goldman Sachs is expected to take over its credit card project from Goldman Sachs.
On Wednesday, Nvidia, ranking first in trading volume, fell 1.92% with a turnover of $35.556 billion. Tesla, ranking second, fell 0.29% with a turnover of $17.913 billion. Apple, ranking third, rose 1.80% with a turnover of $13.189 billion.