The U.S. government has launched a $50 billion Treasury bond repurchase program that will last until October. It is designed to manage bond supply and increase liquidity, while speculation about an imminent rate cut by the Federal Reserve continues to heat up.

The program will start with an $8.5 billion repurchase in August, followed by a $31.5 billion repurchase in September, and end in October with a repurchase amount of $10 billion. A total of $50 billion will be used to repurchase old government bonds. No new money will be printed; existing funds will be reallocated. While the repurchase program will inject money into the economy, it is different from the Federal Reserve printing money.

The market expects a 74.5% chance that the Federal Reserve will cut interest rates by 50 basis points in September. The U.S. Treasury bond repurchase program and the 50 basis point rate cut are expected to boost market momentum, making September a turning point for global markets, especially crypto markets! #美联储何时降息？ #BTC走势分析