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ETH $2,129.42 +0.52%
BNB $643.99 -0.09%
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SOL $85.34 +1.11%
TRX $0.3556 +0.09%
DOGE $0.1046 -3.25%
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BCH $380.33 -5.64%
LINK $9.59 +1.21%
HYPE $47.58 +5.44%
AAVE $89.43 +1.25%
SUI $1.06 +3.08%
XLM $0.1472 -0.49%
ZEC $560.97 +5.36%

Analysis: The Federal Reserve's 25 basis point rate cut in September may have been priced in by the market, while a 50 basis point cut could become a market driver

2024-09-13 19:48:20
Collection

ChainCatcher news, according to The Block, economist Steve Hanke from Johns Hopkins University stated that the market has priced in a potential 25 basis point rate cut by the Federal Reserve next Wednesday, which could lead to a "sell-the-news" event for risk assets.

Steve Hanke said, "The market has anticipated a 25 basis point rate cut, which means the actual cut could be disappointing, leading to a 'sell-the-news' reaction. In contrast, a 50 basis point cut has not been factored in. If it does happen, it could drive the market up."

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