投资干货铺 | 美联储降息，会有哪些影响？

Group 1 - The Federal Reserve is expected to lower interest rates by 25 basis points in its upcoming meeting, marking the first rate cut since December 2024 and signaling the start of a new easing cycle [1] - Short-term liquidity boost may lead to a shift of funds from the bond market to the stock market, potentially driving stock prices up in the short term [1] - In the early stages of rate cuts, technology stocks may benefit from liquidity easing, while small-cap stocks, being more sensitive to financing costs, may also perform relatively well during the easing cycle [1] Group 2 - Rate cuts typically have a positive impact on gold prices due to lower opportunity costs for holding gold, as well as a weakened dollar which increases demand from non-dollar investors [2] - Increased risk aversion during economic slowdowns or recession expectations enhances gold's appeal as a safe-haven asset, leading to more capital inflow into the gold market [2] - Long-term performance of gold during easing cycles is generally strong, but short-term volatility should be monitored following policy implementation [3] Group 3 - The Fed's rate cut may lead to a global reallocation of funds, with potential inflows into A-shares, particularly benefiting leading companies in sectors like new energy, food and beverage, home appliances, and automotive [3] - The easing of U.S. monetary policy may alleviate external constraints on China's monetary policy, potentially leading to stronger A-share market performance if domestic growth-stimulating policies are timely introduced [3] - Investor risk appetite may increase due to rate cut expectations, which could drive A-shares up in the short term, but market performance will still be influenced by domestic fundamentals, policy strength, and international conditions [3]