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BCH $453.17 +2.88%
LINK $9.49 +2.59%
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AAVE $114.14 +7.98%
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XLM $0.1678 +6.31%
ZEC $341.12 -0.77%

Analysis: The Federal Reserve's 25 basis point rate cut in September may have already been priced in by the market

2024-09-13 20:34:00
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ChainCatcher news, according to The Block, economist Steve Hanke from Johns Hopkins University stated that the market has already priced in a 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 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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