At present, it is almost certain that the Federal Reserve (Fed) will officially start the pace of interest rate cuts at this month's FOMC meeting, and the focus of market discussion has shifted to the issue of whether the interest rate cut will be 1 basis point or 2 basis points.

If the Fed cuts interest rates sharply at the beginning of this month, it may trigger the disaster of yen arbitrage liquidation again: US stocks may face the risk of further liquidation of yen arbitrage transactions. If the initial interest rate cut exceeds 25 basis points, it may further strengthen the yen, which will prompt yen traders to withdraw US assets after domestic interest rates rise, and the global market will repeat the turbulent mode.

So it is still important to pay attention to the latest developments of the Federal Reserve on September 19th! ! #美联储何时降息？