美联储惊天降息，全球金融市场彻底"变天"，你的钱袋子要受大影响

Group 1 - The Federal Reserve lowered the federal funds rate target range by 25 basis points, aligning with market expectations, with further cuts anticipated in October and December [1][2] - The decision to lower rates is driven by rising unemployment, which increased to 4.3% in August, the highest in the current cycle, alongside a significant drop in non-farm payroll growth [2][3] - The Fed's focus has shifted from stable employment to addressing the risks of rising unemployment, indicating a more dovish monetary policy stance [2][4] Group 2 - The Fed's internal consensus on the need for easing is evident, with only one member dissenting, advocating for a more aggressive 50 basis point cut [4][6] - The economic outlook suggests a projected unemployment rate of 4.5% by year-end, with further declines expected in the following years, reinforcing the likelihood of continued monetary easing [4][6] - The capital markets reacted predictably to the rate cut, with the stock market showing limited movement as the news was already priced in, although ongoing rate cuts may support a stronger market foundation [7][13] Group 3 - The depreciation of the US dollar is expected to lead to a relative appreciation of the Chinese yuan, although this is not indicative of the yuan's strength compared to other currencies [10][11] - The anticipated interest rate cuts in China may lower mortgage rates to around 2.7%-2.8%, but the impact on the housing market is expected to be limited due to broader economic concerns [14][16] - The overall sentiment in the housing market remains pessimistic, with external capital unlikely to flow into the market under current conditions, indicating a disconnect between rate cuts and housing recovery [16][17]