Odaily星球日报讯 美联储古尔斯比表示，以 50 个基点的幅度开始降息是合理的，美联储正在重新回归正常的双重使命模式，当前的利率水平比中性利率高出数百个基点，在最近的降息之前，通胀下降意味着美联储一直在收紧政策如果情况继续如此，未来 12 个月将会有大量降息，还有很长的路要走，才能将利率降到接近中性水平。（金十）

美联储古尔斯比：未来12个月或有大量降息，以50基点幅度开始降息是合理的

Odaily Odaily News: Fed&#39;s Goolsbee said that it is reasonable to start cutting interest rates by 50 basis points. The Fed is returning to the normal dual-mission mode. The current interest rate level is hundreds of basis points higher than the neutral interest rate. Before the recent rate cut, the decline in inflation means that the Fed has been tightening policy. If the situation continues to be like this, there will be a lot of rate cuts in the next 12 months, and there is still a long way to go to reduce interest rates to a near neutral level. (Jinshi)

Fed's Goolsbee: There may be a lot of rate cuts in the next 12 months, and it is reasonable to start with a 50 basis point rate cut

Odaily Planet Daily Report: Federal Reserve's Kashkari stated that there is currently almost no evidence that recessionary forces are accumulating or that inflation is likely to rise unexpectedly. He pointed out that although the Federal Reserve's policy remains tight, there is uncertainty about the degree of future tightening. Kashkari emphasized that the Federal Reserve's interest rate path will depend on the data to be released, and he expects the policy rate to be 4.4% by the end of 2024 and 3.4% by the end of 2025. He also stated that a 50 basis point rate cut is the right decision to reflect progress on inflation and a 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

Source: WOO X Research

On September 19, 2024, the Federal Reserve will lower interest rates by 50 basis points (bps), reducing the federal funds rate to between 4.75% and 5%. Interest rate cuts are an important tool used by the Federal Reserve to stimulate the economy during periods of economic slowdown or recession. Let's take a look at WOO X Research to see what impact the interest rate cut will have on the cryptocurrency market in the next stage.

The Federal Reserve's interest rate cut means a reduction in the benchmark interest rate, which typically has a series of important impacts on the economy. For example, the lower borrowing costs can encourage businesses and individuals to increase their spending and investment, potentially boosting economic growth. Additionally, lower interest rates can make it more attractive for investors to allocate funds to riskier assets, such as cryptocurrencies, as the opportunity cost of holding these assets decreases.