Federal Reserve Goolsby: A gradual pace of rate cuts seems appropriate.
The Federal Reserve has cut the policy rate by 25 basis points, but the pace of interest rate cuts may slow down, they are reluctant to discuss the "Trump effect"; the downward trend line continues to pressure the US index, the US index needs to break through here to release upward space > >
A strong September jobs report in the US suggests that the pace of rate cuts may slow, but it is still positive for bitcoin. As investors gain interest in riskier assets, Zach Pandl, head of research at Grayscale, said: "While the economy is growing solidly, discussions about Fed rate cuts and debates about widening the government deficit continue, which should be a net positive for investors' risk appetite, but could reignite inflation risks in the medium term."
Strategists at Barclays and Danske Bank said the pace of interest rate cuts by the European Central Bank may be slower than market expectations. Strategists say the ECB may cut rates quarterly rather than every meeting from December to June. Danske Bank said the ECB would target sticky inflation, while Barclays argued that the ECB could opt for lower final interest rates through a period of more stable easing.
The Federal Reserve Collins said that the data will guide the pace of subsequent interest rate cuts. It is an appropriate time to start cutting interest rates soon, and it may be appropriate to take a gradual and methodical pace of rate cuts once the Fed is in a different policy stance. (Jin Ten)
The Fed is in sight to end its balance sheet reduction, but the actual closing date depends on the pace of interest rate cuts and funding market pressures. Policymakers have hinted that the US Treasury reduction will be completed by the end of the year, and many on Wall Street believe that quantitative tightening (QT) is unlikely to end abruptly. But recent weak economic data and the risk of liquidity stress have cast uncertainty over the outlook. "If the Fed is going to stimulate the economy, i...