Scan to download
BTC $66,420.56 -1.90%
ETH $1,846.61 -4.35%
BNB $634.96 -5.28%
XRP $1.23 -0.26%
SOL $73.92 -3.95%
TRX $0.3343 -0.60%
DOGE $0.0932 -2.61%
ADA $0.2134 -2.28%
BCH $244.32 -13.52%
LINK $8.44 -2.37%
HYPE $72.28 +1.67%
AAVE $75.73 -0.20%
SUI $0.8293 -0.44%
XLM $0.2261 +3.32%
ZEC $627.75 +11.24%
BTC $66,420.56 -1.90%
ETH $1,846.61 -4.35%
BNB $634.96 -5.28%
XRP $1.23 -0.26%
SOL $73.92 -3.95%
TRX $0.3343 -0.60%
DOGE $0.0932 -2.61%
ADA $0.2134 -2.28%
BCH $244.32 -13.52%
LINK $8.44 -2.37%
HYPE $72.28 +1.67%
AAVE $75.73 -0.20%
SUI $0.8293 -0.44%
XLM $0.2261 +3.32%
ZEC $627.75 +11.24%

Xinan Asset Management: History shows that the likelihood of the Federal Reserve cutting interest rates by 25 basis points is greater

2024-09-17 19:05:08
Collection

ChainCatcher news, according to Jinshi reports, the Chief Global Strategist of Xinan Asset Management, Sima Sha, stated in a report that while some may believe the Federal Reserve will cut rates by 50 basis points this week, history suggests that a 25 basis point cut is more likely. "Since the late 1980s… a 25 basis point cut has become the norm, while a 50 basis point cut is the exception."

She noted that only twice has the initial cut in a rate-cutting cycle exceeded 25 basis points: in January 2001 during the dot-com bubble, and in September 2007 during the subprime mortgage crisis. Both periods were marked by significant concerns over severe asset price bubbles and systemic financial risks.

app_icon
ChainCatcher Building the Web3 world with innovations.