利率调整

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Wall Street hates the Fed’s rate cut for crypto: ‘Short-lived..'
Yahoo Finance· 2025-09-17 22:50
Group 1: Federal Reserve Rate Cut - The U.S. Federal Reserve cut its benchmark interest rate by 25 basis points, lowering the federal funds rate to a range of 4.00% to 4.25%, marking its first reduction in nine months [1] - The decision was supported by 11 of 12 voting members and was influenced by weaker labor market data, slower consumer spending, and an increase in unemployment [1][2] - Prediction markets indicated a 93% probability of the rate cut prior to the announcement, suggesting that markets had fully anticipated this move [1] Group 2: Economic Indicators - Fed Chair Jerome Powell noted that inflation has risen and remains elevated, with GDP growth slowing due to reduced consumer spending [3] - Job gains are reportedly below the breakeven rate, with payroll growth at approximately 29,000 per month and unemployment rising to 4.3% [3] - Powell expressed uncertainty regarding the impact of tariffs on inflation, indicating that new trade restrictions could complicate the Fed's efforts to reach its 2% inflation target [3] Group 3: Market Reactions - Following the rate cut announcement, crypto-adjacent equities experienced mixed trading, with Coinbase down 2.20% and MicroStrategy down 0.86%, while PayPal rose 1.62% [4] - Mining stocks also weakened, with Marathon Digital down 1.02% and Iris Energy down 0.44%, while Galaxy Digital gained 1.89% [5] - Major cryptocurrencies like Bitcoin and XRP showed little momentum post-announcement, with Bitcoin trading flat below $116,000 and XRP at $3.02, reflecting that the market had already priced in the rate cut [6][7] Group 4: Analyst Insights - Analysts suggest that the Fed's rate cut provides support for cryptocurrencies but does not represent a fundamental market shift, describing it as a tailwind rather than a paradigm shift [7] - A lower discount rate is expected to lift the multiples on growth-sensitive assets like Bitcoin and Ethereum, while reducing the opportunity cost of holding these assets compared to cash [7]
The Fed Delivers – and Still Disappoints
Investor Place· 2025-09-17 22:14
Summary of Key Points Core Viewpoint - The Federal Reserve has initiated a new phase of gradual easing by cutting interest rates by a quarter-point, lowering the target range for the federal funds rate from 4.25%-4.50% to 4.00%-4.25% [1][2]. Economic Projections - Inflation is projected to rise to 3.1%, unchanged from previous estimates, while GDP growth has been upgraded to 1.6% from 1.4% [5]. - The unemployment rate is expected to increase to 4.5%, up from the current rate of 4.3% [7]. Fed's Dual Mandate - Fed Chairman Jerome Powell described the rate cut as a "risk management cut," indicating a shift in focus towards protecting jobs rather than solely combating inflation [2][8]. - The FOMC statement highlighted that downside risks to employment have risen, with 11 out of 12 Fed voters supporting the rate cut [3]. Dot Plot Analysis - The updated dot plot suggests approximately two more quarter-point cuts by the end of the year, but there is significant inconsistency in the forecasts among Fed members [4][10]. - Six members opposed the cut, indicating a hawkish sentiment within the committee [5]. Market Reactions - Following the announcement, market reactions were mixed, with the Dow up about 0.50%, the S&P flat, and the Nasdaq down modestly, reflecting uncertainty among investors [9][10]. - The 10-year Treasury yield rose to 4.076%, and the dollar strengthened by about 0.3% [10]. Future Outlook - The Fed's future actions will depend on incoming economic data, particularly the next CPI and PCE reports, which will be critical for the market's bullish case [10][11]. - There is a belief that if inflation stabilizes or decreases while job losses remain moderate, the Fed may proceed with additional rate cuts as indicated in the dot plot [11][15].
Fed Cuts Rates to 4.25% — Will Bitcoin Rally or Crash Before Weekend?
Yahoo Finance· 2025-09-17 21:51
The Federal Reserve has cut interest rates by a quarter percentage point, lowering the upper bound of its federal funds rate to 4.25%. The decision, which brings rates to their lowest level since November 2022, was widely expected by markets after weeks of weakening labor data and softer inflation readings. FOMC Trims Target Range by 25 bps, Citing Softer Jobs and Elevated Risks The move trims the target range from 4.50% to 4.25%, marking the Fed’s first rate cut since earlier this year. Chair Jerome P ...
Stocks Stall After Wall Street Finally Gets Its Rate Cut
Barrons· 2025-09-17 20:07
Stock Market News From Sept. 17, 2025: Dow Gains After Fed Decision Last Updated: CONCLUDED Updated 2 hours ago Stocks Stall After Wall Street Finally Gets Its Rate Cut By Connor Smith The Federal Reserve finally cut interest rates, and Wall Street didn't know what to do with itself. The S&P 500 dipped 0.1%. The Dow Jones Industrial Average rose 260 points, or 0.6%. The Nasdaq Composite fell 0.3%. The major indexes initially spiked after the Federal Open Market Committee said it decided to lower the federal ...
美联储主席鲍威尔讲话要点一览
Sou Hu Cai Jing· 2025-09-17 19:43
1、近期通胀有所上升,仍处于相对高位。商品价格上涨是今年通胀上升的主要原因,关税对通胀的总 体影响仍有待观察。 2、劳动力市场面临下行风险。劳动力市场目前的情况并非全由移民因素导致,需 求明显放缓。现在的招聘率很低,解雇率也很低。当看到更多弱势群体在找工作方面遇到困难时,就表 明劳动力市场正在走弱。 3、认为无需迅速调整利率,今天降息50个基点(的想法)并未获得广泛支 持。 4、劳工统计局正在努力解决就业数据修正背后的因素,年度就业数据修正几乎与我们预期完全一 致,美联储从劳工统计局(BLS)获取的数据仍然足以满足我们的工作需求,需要更高的回应率来降低 数据波动性。 5、欢迎新的委员会成员,委员会在米兰加入后仍致力于履行双重使命。坚决致力于维护 美联储的独立性。 6、在19位政策制定者中,有10位写下预计今年剩余时间内将降息两次或更多次;另 外10位预计降息次数少于这个水平。 7、关于留任美联储的计划暂无新消息。对库克的诉讼案发表评论 不合适。 来源:滚动播报 ...
Fed cuts rates by 25 basis points, plus why signals for future rate cuts are 'conflicting'
Youtube· 2025-09-17 19:18
25 basis point rate cut. The Federal Reserve lowering their benchmark interest rate by a quarter percentage point to a new range of four to four and a quarter percent and signaling two more rate cuts this year. The decision was not unanimous.Newly minted Fed Governor Steven Myron dissented preferring to cut by 50 basis points instead of 25. As for the breakdown for rate projections this year, nine officials seeing three rate cuts in total this year. Six officials seeing one cut, one saw no cuts, and one saw ...
Fed’s 25bp Rate Cut Nudges Liquidity Back—Bitcoin, Risk Assets on Watch
Yahoo Finance· 2025-09-17 18:29
The U.S. central bank delivered an expected 0.25% rate cut at its September meeting. | Credit: Credit: Alex Wong/Getty Images Key Takeaways The Federal Reserve cut rates by 25 basis points to 4.00–4.25%, the first reduction since December. The move reflects the Fed’s balancing act between a slowing labor market and still-elevated inflation. Bitcoin and other assets moved slightly down after the announcement. On Wednesday, the Federal Reserve delivered its first rate cut since December, trimming th ...
Fed lowers rates by a quarter point
Youtube· 2025-09-17 18:24
Federal Reserve cutting interest rates by a quarter point as expected to a new range of four to four and a quarter percent. New Fed governor and former CEO current CE chair uh Steven Byron dissenting in favor of 50 basis point cut. The median Fed official looking for two more rate cuts this year but just barely.I'll get you details on that in a second. The statement importantly says the balance of risks have shifted. Downside risk to employment has risen.Job gains have slowed. Unemployment has edged up and ...
Federal Reserve Cuts Interest Rates by a Quarter Point, Expects More Reductions This Year
Youtube· 2025-09-17 18:16
With your Fed decision. Here is my make. The answer to your question, John, is a quarter percentage point cut as expected.But Fed officials also see two more cuts this year in October and December, according to the new DOT plot. There was one dissent, and that is from Stephen Myron, the Trump representative on the board who wanted no cuts. This he wanted rather, to cuts this time 50 basis points next year.The committee sees only one cut so far, but the dispersion is very wide and the very bottom for next ye ...
Fed Cuts Rates by Quarter Point and Signals More Are Likely
WSJ· 2025-09-17 18:01
Core Viewpoint - The Federal Reserve has implemented a quarter-point interest rate cut, marking the first reduction in nine months, as officials believe that recent labor-market softness is more significant than inflation setbacks [1] Group 1 - The interest rate cut is a response to recent labor-market conditions, indicating a shift in monetary policy focus [1] - This decision reflects the Federal Reserve's assessment that economic indicators related to employment are currently more pressing than inflation concerns [1] - The quarter-point reduction may influence borrowing costs and economic activity moving forward [1]