Sou Hu Cai Jing·2025-09-19 02:09Group 1 - The Federal Reserve's decision to lower the benchmark interest rate by 25 basis points to 4.00%-4.25% is a proactive response to signals of economic cooling in the U.S. [3] - The U.S. economy's growth forecast for 2025 has been revised down from 1.9% to 1.4%, with an expected unemployment rate increase to 4.5% by year-end and a slight rise in inflation to 3.1% [3] - The current economic environment is characterized by a combination of "slowing growth + moderate inflation," prompting the Fed to act to prevent a recession [3] Group 2 - Following the interest rate cut, global financial markets reacted swiftly, with major U.S. stock indices reaching new closing highs, particularly the Nasdaq Composite Index, which rose by 0.94% [4] - The Asian markets showed increased attractiveness amid expectations of a weaker dollar, with the Hang Seng Tech Index rising by 0.91% and the KOSPI Index up by 0.35% [4] - The People's Bank of China is maintaining liquidity through significant reverse repo operations, creating a policy coordination effect in the global easing cycle [4] Group 3 - The Chinese market is poised to benefit from the current global liquidity restructuring, particularly in the technology sector, where reduced financing costs will boost R&D investments [5] - In the automotive sector, the sales of new energy vehicles (NEVs) are showing positive trends, with BYD selling 62,400 units in the ninth week of September, driven by lower borrowing costs [5] - The green economy is also expected to gain momentum, as the Fed's rate cut lowers financing costs for global green projects, aligning with China's technological advantages in renewable energy and storage [5] Group 4 - The interest rate cut cycle necessitates a recalibration of asset allocation for ordinary investors, with traditional savings products likely to yield lower returns while equity assets, especially in technology and renewable energy, become more attractive [6] - Consumers can take advantage of the declining credit costs, particularly in large purchases like NEVs and smart home products, benefiting from favorable financing conditions [6] - The ongoing global monetary policy adjustments highlight the importance of recognizing opportunities presented by liquidity easing while maintaining rational judgment [6]