After the first rate cut by the Fed, expectations of a soft landing are ignited! Will the US stock market see a new round of gains?
With the Federal Reserve's first interest rate cut since 2020, it is widely believed that the possibility of a soft landing for the US economy has increased, and it is expected that the US stock market will show an upward trend for the remaining time this year.
The Federal Reserve cuts interest rates by 50 basis points and the renminbi reaches a new high in over a year.
The Federal Reserve officially implemented a 50 basis point interest rate cut, and the US dollar plummeted overnight to new lows. After rebounding on Thursday Beijing time, it then fell from its high. Meanwhile, the Renminbi continues to appreciate, increasing its attractiveness as an asset.
Fed Has Signaled More Cautious Approach to Easing Cycle -- Market Talk
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.
UBS Wealth Management: The Federal Reserve is expected to cut interest rates by 100 basis points in 2024, and the S&P 500 is expected to rise to 5900 points by the end of the year.
The UBS Wealth Management Asia-Pacific Investment Director's office said that the US Federal Reserve is a latecomer to the global easing cycle.
Fed's Aggressive Rate Cut, What Does It Mean For The Economy?