凌晨重磅！美联储降息25个基点，对我们有啥影响？

Core Viewpoint - The Federal Reserve has announced a 25 basis point interest rate cut, bringing the target range for the federal funds rate to 4.00% to 4.25%, marking a total reduction of 125 basis points in the current easing cycle [1][3]. Group 1: Federal Reserve Actions - The current round of interest rate cuts by the Federal Reserve has totaled 125 basis points [3]. - Morgan Stanley predicts a "four consecutive cuts" scenario for the Federal Reserve [1]. - The global trend shows major central banks, including the European Central Bank, have also engaged in multiple rate cuts, totaling 235 basis points since September 2024 [1]. Group 2: Market Impact - The interest rate cut is expected to boost risk appetite in the U.S. stock market, particularly benefiting growth-oriented and small-cap stocks [6]. - There is a significant increase in foreign capital inflow into A-shares and Hong Kong stocks [6]. - Predictions indicate that international gold prices may challenge $3,800 or higher within this year or by mid-next year [7]. Group 3: Bond and Currency Market Reactions - Short-term bond yields are expected to decrease, leading to price increases, while long-term bond volatility is anticipated to ease due to clearer expectations [7]. - The U.S. dollar index is facing systemic downward pressure, entering a weakening cycle in the medium term [7]. Group 4: Global Central Bank Rate Adjustments - A summary of global central bank rate adjustments shows various countries have made significant cuts, with the Federal Reserve and the European Central Bank among the most notable [12]. - The Federal Reserve's current rate of 4.25% reflects a reduction of 125 basis points, similar to cuts made by other central banks like the Bank of England and the Canadian central bank [12].