Odaily星球日报讯 美联储卡什卡利表示，目前几乎没有证据表明经济衰退力量在积聚或通胀可能会意外上行。他指出，尽管美联储政策仍保持紧缩，但对未来紧缩程度存在不确定性。卡什卡利强调，美联储利率路径将依赖于即将公布的数据，并预计 2024 年底政策利率为 4.4%，2025 年底为 3.4%。他还表示，50 个基点的降息是反映通胀进展和劳动力市场放缓的正确决定。（金十）

美联储卡什卡利：2024年底政策利率或为4.4%，2025年底或为3.4%

Odaily Odaily News: Fed&#39;s Kashkari said there is little evidence that recessionary forces are accumulating or that inflation may unexpectedly rise. He pointed out that although the Fed&#39;s policy remains tight, there is uncertainty about the degree of future tightening. Kashkari emphasized that the Fed&#39;s interest rate path will depend on the upcoming data, and it is expected that the policy rate will be 4.4% at the end of 2024 and 3.4% at the end of 2025. He also said that the 50 basis point rate cut was the right decision to reflect the progress of inflation and the slowdown in the labor market. (Jinshi)

Fed's Kashkari: Policy rate could be 4.4% by the end of 2024, 3.4% by the end of 2025

Source: Beehive Tech
The Federal Reserve has finally completed its first rate cut since March 2020, with monetary policy shifting from a tightening cycle to an easing cycle.
On September 18th local time, the Federal Reserve Board of Governors announced that it would lower the target range for the federal funds rate by 50 basis points, bringing it down to a level between 4.75% and 5.00%. Federal Reserve Chairman Powell described the 50-basis-point rate cut as a "strong action".
The cryptocurrency market seems to be seeing the dawn of a new day, on September 19th, Bitcoin's price fluctuations increased, surging from a high of $59,000 to over $63,000, a daily gain of 6%,...

The Fed loosens its control, and the total market value of crypto assets rises 6% to $2.3 trillion

Odaily News: According to Hartnett, a well-known strategist at Bank of America, the market's current reaction to the Federal Reserve's 50-basis-point rate cut seems to be following the "soft cut" or "panic cut" script. The US stock and credit markets are digesting the expectation that the Federal Reserve will cut rates by 250 basis points by the end of 2025 and that S&P 500 earnings will grow 18%. "The risk is not that great, so investors are forced to chase the rally," and "bubble risk" is making a comeback. Hartnett explained in his latest report that on Wall Street, "panic cuts" are the preferred option when there is no panic (at least not yet). At the same time, the Federal Reserve hopes to cut rates by 50 basis points so that the real interest rate can decline from its highest level this century, preventing the small business sector, which is already in recession, from further layoffs.

Bank of America: The current market reaction to the Fed's 50bp rate cut seems to be following the script of "soft rate cut" or "panic rate cut"

Ethereum's rebound performance outperforms Bitcoin.
Author: Mu Mu
The Federal Reserve has finally completed its first rate cut since March 2020, with monetary policy shifting from a tightening cycle to an easing cycle.
On September 18th local time, the Federal Reserve Board of Governors announced that it would lower the target range for the federal funds rate by 50 basis points, bringing it down to a level between 4.75% and 5.00%. Federal Reserve Chairman Powell called the 50-basis-point rate cut a "strong action".
The cryptocurrency market seems to be seeing the dawn of a new day, on September 19th, Bitcoin's price fluctuations increased, from ...