Scan to download
BTC $77,021.86 +0.49%
ETH $2,324.06 +2.06%
BNB $626.04 +0.45%
XRP $1.39 +0.28%
SOL $84.65 +0.89%
TRX $0.3224 -0.32%
DOGE $0.1022 +2.77%
ADA $0.2489 +1.06%
BCH $453.01 +1.64%
LINK $9.32 +0.96%
HYPE $40.61 +0.51%
AAVE $96.85 -0.50%
SUI $0.9309 +0.51%
XLM $0.1635 -0.68%
ZEC $335.82 -0.08%
BTC $77,021.86 +0.49%
ETH $2,324.06 +2.06%
BNB $626.04 +0.45%
XRP $1.39 +0.28%
SOL $84.65 +0.89%
TRX $0.3224 -0.32%
DOGE $0.1022 +2.77%
ADA $0.2489 +1.06%
BCH $453.01 +1.64%
LINK $9.32 +0.96%
HYPE $40.61 +0.51%
AAVE $96.85 -0.50%
SUI $0.9309 +0.51%
XLM $0.1635 -0.68%
ZEC $335.82 -0.08%

Analysis: The Federal Reserve's 25 basis point rate cut in September may have been priced in by the market, while a 50 basis point cut could become a market driver

2024-09-13 19:48:20
Collection

ChainCatcher news, according to The Block, economist Steve Hanke from Johns Hopkins University stated that the market has priced in a potential 25 basis point rate cut by the Federal Reserve next Wednesday, which could lead to a "sell-the-news" event for risk assets.

Steve Hanke said, "The market has anticipated a 25 basis point rate cut, which means the actual cut could be disappointing, leading to a 'sell-the-news' reaction. In contrast, a 50 basis point cut has not been factored in. If it does happen, it could drive the market up."

app_icon
ChainCatcher Building the Web3 world with innovations.