Viewpoint: The Fed's September rate cut is an inevitable move under market consensus

With the gradual gloom of the global economic slowdown and the subtle changes in domestic inflationary pressure in the United States, the market generally expects the Fed to announce a rate cut at the September interest rate meeting, and this view has almost become a foregone conclusion. Judging from the economic data, the weak manufacturing industry, weak consumption growth and the uncertainty of the international trade situation have provided sufficient reasons for the Fed's decision to cut interest rates.

As an important engine of the global economy, the adjustment of the US monetary policy will undoubtedly have a far-reaching impact. The interest rate cut can not only reduce the borrowing costs of enterprises and individuals, stimulate investment and consumption, and thus promote economic growth, but also ease the tension in the global financial market to a certain extent. However, the interest rate cut is also a double-edged sword. It may increase the pressure of the dollar depreciation, trigger capital outflows, and have an impact on emerging market countries.

Nevertheless, facing the current economic situation, the Fed seems to have no choice. The market generally expects the Fed to adopt a "preventive interest rate cut" strategy to respond to possible economic downturn risks in advance. Therefore, the September interest rate cut is not only a positive response to the current economic situation, but also a precautionary measure for future economic trends. In this context, investors need to pay close attention to the Fed's policy trends and adjust their investment strategies in a timely manner to cope with possible market changes.