Analysts: The market is focusing on whether the Federal Reserve will suspend interest rate hikes in January next year and how to convey the potential change in attitude of "hawkish interest rate cuts"
Odaily Odaily News reports that SPI Asset Management analyst Stephen Innes said that although market participants generally believe that further rate cuts and strong earnings growth will coexist, these factors are not necessarily interdependent. People generally expect the Federal Reserve to cut rates by 25 basis points, but the subsequent trend is still unclear. In any case, the subsequent trend of the US dollar, stock market and bond market largely depends on the guidance to be issued by the Federal Reserve, rather than the rate cut itself on Wednesday. The key question is whether the Federal Reserve will signal a pause in rate hikes at the January 2020 FOMC meeting. My view tends to be affirmative. However, the real focus is on how the Federal Reserve will clearly convey this potential shift and confirm a "dovish rate cut". (JinShi)
