Odaily星球日报讯 贝莱德首席投资官 Rick Rieder 表示，预计美联储将在 9 月份的会议上降息。

贝莱德首席投资官：预计美联储将在9月份的会议上降息

Odaily Odaily News: BlackRock Chief Investment Officer Rick Rieder said he expects the Federal Reserve to cut interest rates at its September meeting.

Blackrock's Chief Investment Officer: The Federal Reserve is expected to cut interest rates at its September meeting.

According to a global survey by Bank of America, despite the turbulence in global financial markets, investors' optimism towards US tech giants and expectations of an economic soft landing have not weakened. The survey polled 189 participants with total assets of $508 billion, and the results show that the expectation of a soft landing has risen from 68% in July to 76%. However, participants' expectations for global growth have declined significantly, with 47% of respondents currently expecting the economy to weaken over the next 12 months. The risk of a US economic recession has replaced geopolitical conflicts as the biggest tail risk. Bank of America strategist Michael Hartnett wrote in the report, "The core optimism about a soft landing and growth in US large-cap growth stocks has not changed. Investors just now believe the Fed needs to cut rates more aggressively to ensure a recession is avoided." Earlier, tech stocks led the US stock market plunge, weighed down by high valuations and concerns that the Fed was acting too slowly in cutting rates to prevent an economic recession.

Investors believe the Federal Reserve needs to cut interest rates significantly to ensure that a recession does not occur.

The market's attention is all focused on the US consumer price index (CPI) report this week, and traders hope this will provide the Federal Reserve with the necessary ammunition to begin cutting interest rates at its next meeting in September. Considering that Powell may soon outline his interest rate cut plan at the Jackson Hole economic symposium, traders question whether the market's performance when he speaks will be higher than after the inflation data is released. Powell's message later this month may help investors predict how many rate cuts will occur over the next year, as he hinted at the end of July that policymakers may lower borrowing costs at the September meeting. (Jinshi)

Traders hope that this week's CPI data will support the Federal Reserve in starting to cut interest rates at its next meeting in September.

The shadow of concerns over a US economic recession has not dissipated, but the Morgan Stanley research team in a report released on Monday continues to stand by its view: it believes the US economy will achieve a soft landing, as the level of inflation continues to decline, which will prompt the Federal Reserve to begin cutting interest rates at the upcoming September policy meeting:

Our economists' basic scenario of a resilient economy achieving a soft landing remains unchanged, and they expect the continued decline in inflation to drive the rate-cutting cycle, starting from the September FOMC meeting, with 3 rate cuts of 25 basis points (1 notch) in 2024.

However, the market may continue to...

Morgan Stanley has set the tone: the US economy has "achieved a soft landing", and the Fed will start cutting rates by 25 basis points three times in a row starting in September.