Group 1 - The Federal Reserve announced a 25 basis point interest rate cut, marking the third consecutive cut since September, aligning with market expectations [1] - Fed Chairman Powell indicated the initiation of "reserve management purchases" starting December 12, which is seen as a move to slightly expand the balance sheet and inject more liquidity into the market [1] - The Fed's recent decision is characterized as a "hawkish cut," with Powell suggesting a pause in the rate-cutting process moving forward [1] Group 2 - The median forecast in the Fed's dot plot indicates that officials expect only one rate cut next year, leading to a reassessment of the market's optimistic expectations for two to three cuts [1] - This shift in expectations is likely to increase volatility in risk asset prices [1] - The price of silver, which has both safe-haven and industrial characteristics, has been rising to new highs, driven by the Fed's rate cut expectations [1]
解读美联储鹰派降息 业内人士:白银行情或延续
Sou Hu Cai Jing·2025-12-11 15:47