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ETH $2,463.25 -0.79%
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AAVE $127.42 -1.86%
SUI $0.7610 -5.19%
XLM $0.1843 -5.03%
ZEC $786.91 -7.79%
BTC $78,931.83 -1.00%
ETH $2,463.25 -0.79%
BNB $699.02 -1.00%
XRP $1.43 -3.51%
SOL $96.93 -3.40%
TRX $0.3372 -1.90%
DOGE $0.0866 -4.66%
ADA $0.2104 -4.75%
BCH $265.43 -0.98%
LINK $11.34 -2.21%
HYPE $81.90 +1.01%
AAVE $127.42 -1.86%
SUI $0.7610 -5.19%
XLM $0.1843 -5.03%
ZEC $786.91 -7.79%

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

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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