The big cake maintained a volatile trend in the morning, and currently rose slightly to the position of 60500. The Duo we arranged yesterday arrived perfectly, with the big cake closing at 1900 points in total and the aunt closing at 40 points!
For the big cake at noon: step back to the 60300-60100 area, and look at the 61000-61500 area
For the aunt at noon: step back to the 2320-2300 area, and look at the 2370-2400 area
The Fed may want to avoid sending the wrong signal by a large interest rate cut
The US Federal Open Market Committee (FOMC) will announce its interest rate decision later today. Analysts at Maybank said in a foreign exchange research and strategy report that market expectations for a 50 basis point rate cut by the Federal Reserve have stabilized in the 60%-70% range. However, analysts said the FOMC may want to avoid sending the wrong signal to the market by cutting interest rates sharply, partly because it could cause panic. Analysts added that market participants are expected to pay attention to the press conference of Federal Reserve Chairman Powell to understand the nuances of forward guidance on future interest rate cuts.
