The late-night drama has come to an end, and the market is completely divided!
What was expected has arrived: the Federal Reserve announced a 25 basis point rate cut. But don't celebrate too early; this time it's coming with 'eagle claws':
1. Internal conflict: a rare 9 to 3 split in the vote, with some wanting a 50 point cut and others wanting to hold steady.
2. Future cold water: the latest dot plot suggests that there may only be one rate cut in 2026, with a sudden halt in pace.
3. Market bungee jumping: following the decision, cryptocurrency prices and U.S. stocks spiked briefly, but Powell's remark that 'interest rates are in a good place' caused asset prices to plummet.
Other markets have gone wild:
· 'Copper Doctor' staged an epic performance, historically breaking through $11,000/ton (now it has retreated).
· International oil prices have continued to fall, with WTI nearing the $58 mark.
· The year's brightest stars: gold (+26%) and emerging markets (+23%).
In summary: the Federal Reserve offered a 'rate cut candy' but immediately revealed a 'pause card.' Global assets are being fiercely pulled between easing expectations and tightening realities. The real next flashpoint will depend on the U.S. CPI data on December 13.
