美联储深夜降息，特朗普心腹投下反对票，最大赢家已经浮出水面

Group 1 - The Federal Reserve announced a 25 basis point interest rate cut, adjusting the federal funds rate target range to 4.00% to 4.25%, marking the first cut in nine months since December [1][3] - The immediate market reaction included a brief decline in U.S. Treasury yields, a strengthening of the dollar index, and a mixed performance in U.S. stock markets, with notable gains in Chinese stocks like Baidu and Alibaba [3][5] - The decision to cut rates was influenced by weakening employment data, with the unemployment rate rising to 4.3% in August, the highest in four years, and a significant drop in non-farm payrolls [3][5] Group 2 - Political factors played a role in the decision, as President Trump has been pressuring the Federal Reserve for aggressive rate cuts, but the voting outcome showed a strong consensus with only one dissenting vote [5][7] - The Federal Reserve's cautious approach indicates its independence from political pressures, with future rate cuts expected to be limited to a total of approximately 125 basis points over the next two years, contrasting with Trump's demand for 300 basis points [5][7] - The Federal Reserve's balanced response to economic data and market expectations reinforces its credibility and independence, marking a "quiet victory" for Chairman Powell [7][10] Group 3 - The interest rate cut is expected to benefit certain participants in the global financial market, particularly investors in emerging market assets, as lower U.S. asset yields may drive capital towards markets like China [7][8] - For China, the influx of capital could enhance market liquidity and stabilize the financial environment, although it may also increase pressure on the renminbi and challenge exports [8][10] - Overall, China is positioned advantageously in the global capital reallocation process, benefiting from its large economy and relatively stable financial system [8][10]