美联储再度降息，部分银行美元存款利率仍超3%

Group 1 - The Federal Reserve has lowered the federal funds rate by 25 basis points to a range of 3.50% to 3.75%, aligning with market expectations [1] - Following the rate cut, banks and financial institutions are intensifying their promotion of USD deposits and investment products, with some offering annualized yields close to 4% [1][2] - Despite attractive yields, industry experts caution investors about the risks of declining rates during the Fed's easing cycle and potential foreign exchange losses due to the appreciation of the RMB [1][4] Group 2 - USD deposit rates are generally on a downward trend, but many institutions are still offering relatively high-yield USD products, with some Chinese banks maintaining rates in the "3% range" [2] - For example, Bohai Bank offers a 1-year USD fixed deposit at an annualized rate of 3.10%, while Hengfeng Bank maintains a 1-year product at 3.30% [2] - Some city commercial banks are offering even higher rates, with 1-year rates reaching up to 3.9% and minimum deposit amounts as low as $1,000 [2] Group 3 - Foreign banks are also promoting competitive short-term USD deposit rates, with Standard Chartered Bank offering rates up to 3.6% for 1-month and 3-month deposits [3] - Investment firms are actively promoting USD fixed-income products, with ICBC Wealth Management's product achieving an annualized yield of 4.97% since its inception [3] - Analysts believe that while the appeal of USD fixed-income assets remains in the short term, future yields may fluctuate with market interest rate adjustments [3][4] Group 4 - Since September, the Federal Reserve has cut rates three times, totaling 75 basis points, leading to increased scrutiny on the future trajectory of USD deposit rates and asset yields [4] - The continuous appreciation of the RMB is exerting pressure on the actual returns of USD investments, with the RMB appreciating 3.24% against the USD this year [4][10] - Analysts predict a potential observation period for the Fed's policy, with expectations of possible rate cuts in mid-2026, depending on inflation and employment data [4]