Sou Hu Cai Jing·2025-09-18 02:02Group 1 - The core viewpoint is that Citic Securities expects the US dollar to remain weak during the current interest rate cut cycle, while gold is anticipated to perform well [1] - The Federal Reserve is projected to cut rates by 25 basis points at the September 2025 meeting, aligning with market expectations [1] - The dot plot indicates an additional 50 basis points of cuts within the year, which is also in line with expectations [1] Group 2 - Citic Securities anticipates further rate cuts of 25 basis points at the upcoming meetings in October and December [1] - The clarity on the interest rate path for 2026 will depend on the appointment of the new Federal Reserve Chair [1] - Following the rate cut, the market exhibited a "buy the rumor, sell the news" behavior, with the Dow Jones and small-cap stocks performing well [1]