If it exceeds 25 basis points, it will be the start of a raging bull market!
The Federal Reserve will announce its interest rate decision at 3:00 AM on Thursday, and the market expects a rate cut of 25 basis points.
On December 10, according to Jinshi Data, the Federal Reserve will announce its interest rate decision at 03:00 AM on Thursday, and the market expects a rate cut of 25 basis points to 3.50%-3.75%. There are rare divisions within the FOMC, and some voting members may oppose further rate cuts. Due to the government shutdown, key data for October is missing, and the SEP and dot plot are expected to have limited changes. In terms of liquidity, the market is concerned about whether to launch a "Reserve Management Purchase Program" (RMP) after ending the balance sheet reduction; Bank of America predicts that it may purchase about $45 billion of short-term U.S. Treasury bonds per month starting in January; if MBS reinvestments are included, the scale may reach about $60 billion. If RMP is announced, the focus of the meeting may shift to the balance sheet rather than the interest rate path. $BNB
