Core Viewpoint - The Federal Reserve announced a 25 basis point cut in the federal funds rate target range to 4.00% to 4.25%, marking the first rate cut of the year following a total reduction of 100 basis points in 2024 [1] Group 1 - The Federal Reserve's policymakers predict potential further rate cuts in the upcoming two meetings [1] - UBS Wealth Management's Chief Investment Officer for Greater China and Head of Macro Economics for Asia Pacific, Hu Yifan, anticipates a further 75 basis points cut by Q1 2026 under the baseline scenario [1] - The Fed may prioritize addressing labor market weakness over the potential temporary rise in inflation [1] Group 2 - In a downside scenario, if labor market weakness proves to be more severe or persistent, the Fed could lower rates by 200-300 basis points, potentially bringing rates down to 1.0-1.5% [1]
瑞银胡一帆：明年一季度美联储有望再降息75个基点
Zheng Quan Shi Bao Wang·2025-09-18 08:08