瑞讯银行：米兰“降息150基点”言论影响甚微 市场用脚投票

Core Viewpoint - The current interest rates are significantly above neutral levels, and there are indications that a rapid rate cut of 150 basis points may be considered, but market expectations remain unaffected as evidenced by the rising two-year Treasury yields [1] Group 1: Interest Rate Commentary - Federal Reserve Governor Michelle Bowman, closely associated with Trump, suggests a swift reduction in interest rates, yet the two-year Treasury yield has rebounded to over 3.60% [1] - Ipek Ozkardeskaya, a senior analyst at Swissquote Bank, argues that such statements are unrealistic and fail to influence market expectations effectively [1] Group 2: Market Reactions - The continued increase in two-year Treasury yields indicates that a lack of reasonable basis for the proposed rate cuts may not effectively lower long-term borrowing costs [1] - Ozkardeskaya emphasizes that the Federal Reserve cannot lower rates arbitrarily, likening it to distributing candy at a party [1]