Analysis: The Fed's 25 basis point rate cut in September may have been digested by the market, and a 50 basis point rate cut may become a market push

ChainCatcher reported that according to The Block, Johns Hopkins University economist Steve Hanke said that the Federal Reserve's possible 25 basis point interest rate cut next Wednesday has been digested by the market and may lead to a "sell-the-news" event for risky assets.

Steve Hanke said, "The market has already expected a 25 basis point rate cut, which means that the actual rate cut may disappoint, resulting in a "sell-the-news" reaction in the market. In contrast, a 50 basis point rate cut has not been considered. If it does happen, it may drive the market higher."