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ZEC $787.85 -8.15%
BTC $78,883.36 -2.17%
ETH $2,461.92 -1.72%
BNB $697.59 -2.13%
XRP $1.44 -4.43%
SOL $96.84 -4.58%
TRX $0.3382 -1.83%
DOGE $0.0866 -6.12%
ADA $0.2107 -6.12%
BCH $265.60 -2.68%
LINK $11.36 -3.57%
HYPE $82.09 +1.51%
AAVE $128.50 -2.13%
SUI $0.7653 -6.37%
XLM $0.1834 -6.84%
ZEC $787.85 -8.15%

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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