凯投宏观：美联储降息不大可能打压大宗商品价格

Core Insights - The recent interest rate cuts by the Federal Reserve have not significantly impacted commodity prices [1] - Any potential price support from the decline in U.S. interest rates may be offset by other factors, indicating a generally weak fundamental outlook for the commodity market [1] - Oil prices are expected to decline from now until the end of 2026 due to slowing demand growth and increased supply from OPEC+ [1] - The extent to which the Fed's rate cuts have been priced in by the market may limit any additional support for commodity prices and could even act as a resistance [1]