Officially entering the era of large interest rate cuts

A 50 basis point interest rate cut in one go only occurred in the technology bubble in January 2001, the financial crisis in September 2007, the epidemic in March 2020, and now September 2024 has been added

The "dot plot" released by the Federal Reserve shows that the median expectation of policymakers is to cut interest rates by one percentage point before the end of the year, which means there will be two more 25 basis point cuts or larger interest rate cuts; 9 of the 19 officials expect the rate cut to be no more than 75 basis points. The median forecast for interest rates in 2025 fell from 4.1% in June to 3.4%, which means there will be four more 25 basis point cuts next year.

For the current market situation, the market needs more wash chips, and then the new week of wash means will start. Retail investors remember to grab chips and then start a big surge. Understand the applause