Group 1 - The Federal Reserve is expected to announce a 25 basis point rate cut in its December meeting, influenced by a weak labor market and recent statements from policymakers [1][2] - A rate cut is anticipated to boost risk assets, particularly benefiting technology stocks due to lower discount rates on future cash flows, which enhances the valuation of growth companies [1][2] - The overall market sentiment remains positive, supported by stable corporate earnings and macro data, despite the high valuation of risk assets and narrowing fixed income spreads [2] Group 2 - The impact of the Federal Reserve's monetary policy extends beyond the U.S., affecting global asset classes, including U.S. Treasuries and commodity prices, with potential spillover effects on the global economy and stock markets [2] - Gold is expected to perform well during the Fed's rate cut cycle, as lower interest rates reduce the opportunity cost of holding gold and typically coincide with rising inflation expectations, enhancing gold's appeal as an inflation hedge [3]
美联储12月利率决议将至 全球风险资产迎关键窗口
Shang Hai Zheng Quan Bao·2025-12-07 18:34