深夜重磅！美联储降息25个基点，解读来了

Group 1 - The Federal Reserve announced a 25 basis point cut in the federal funds rate target range to 3.75% to 4.00%, marking the fifth rate cut since September 2024 [1] - Fed Chairman Jerome Powell indicated that the decision for a rate cut in December is uncertain, with current expectations for a rate cut probability at 65%, down from 90% prior to the meeting [6] - Powell mentioned that a government shutdown could impact economic activity and the upcoming December meeting [6] Group 2 - The Fed's FOMC statement revealed that the asset purchase program will end on December 1, with Powell noting that market pressures necessitate immediate adjustments to the balance sheet operations [7] - Following Powell's comments, U.S. stock markets experienced a downturn, with only the Nasdaq showing a slight increase [8] - Notable performances in the tech sector included Nvidia rising approximately 3% to a market cap of $5 trillion, while Apple surpassed a $4 trillion market cap for the first time [10] Group 3 - The two-year U.S. Treasury yield surged to 3.59%, and the dollar index saw a short-term increase, while the onshore RMB depreciated against the dollar [11] - Bitcoin experienced a decline, with approximately 129,165 traders liquidated in the last 24 hours, totaling around $558 million in liquidations [12][13] - Analysts suggest that the recent rate cuts may enhance the attractiveness of emerging markets, potentially leading to improved global financial conditions and lower global financing costs [14]