A "tide of interest rate cuts" has swept the world.
After the Federal Reserve's rare 50 basis point rate cut, a wave of "rate cuts" has swept across the world. On September 19, the Hong Kong Monetary Authority, the Central Bank of Kuwait, the Central Bank of Bahrain, the Central Bank of the United Arab Emirates, the Central Bank of Qatar and others collectively announced rate cuts. Before the Federal Reserve, many central banks have chosen to "preemptively" cut interest rates, among which the Bank of Canada has cut three times in a row.
It is worth noting that under the "tide of interest rate cuts", the Bank of Japan has become the most special existence, and it may also be an uncertain risk point in the global financial market. At present, the market is paying close attention to the interest rate decision of the Bank of Japan tomorrow (September 20) and the latest statement of Bank of Japan Governor Kazuo Ueda. The market generally expects that the Bank of Japan will maintain the key overnight call rate at 0.25%, but the December meeting may raise interest rates again, which may have a certain impact on the global market.
The direction of domestic monetary policy is also the focus of market attention. Many institutions believe that the tone of my country's monetary policy has obtained a rare adjustment time window, and has the space to promote a new round of reserve requirement ratio cuts and interest rate cuts.
