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降息50基点?刚刚,突爆大消息!
券商中国·2025-09-17 10:47

Core Viewpoint - Market traders are increasingly betting on a significant interest rate cut by the Federal Reserve, with expectations of at least one 50 basis point cut in the remaining three policy meetings of the year [2][3]. Group 1: Market Expectations - Traders are making aggressive bets that the Federal Reserve will implement a 50 basis point cut, with some speculating it could happen as soon as the upcoming meeting [3][4]. - The consensus among Wall Street analysts is that the probability of a 50 basis point cut tonight is low, with a more likely scenario being a 25 basis point cut due to recent labor market slowdowns [2][7]. Group 2: Trading Activity - A significant trade involving 84,000 October federal funds futures contracts was executed, marking the largest block trade in history, indicating that some traders are hedging against a potential surprise 50 basis point cut [5][6]. - The pricing in the swap market suggests an expected cumulative cut of about 70 basis points before the December meeting [7]. Group 3: Economic Context - The labor market's unexpected cooling has led some traders to hedge against the risk of a more substantial rate cut due to deteriorating economic prospects [4][8]. - Analysts note that the Federal Reserve faces conflicting pressures from persistent inflation and a weakening labor market, complicating their decision-making process [8][9].