Aren't the dog houses a good thing? You can't play like this #币安Alpha项目公布 #加密用户突破1800万 #市场全线看牛? On Thursday, December 19, Beijing time, the Federal Reserve announced a 25 basis point rate cut, lowering the target range for the federal funds rate from 4.5% to 4.75% to 4.25% to 4.5%. This is also the third consecutive meeting where the Federal Reserve has announced a rate cut following September and November, bringing the cumulative rate cut for the year to 100 basis points.
In addition, the Federal Reserve FOMC statement lowered the primary credit rate from 4.75% to 4.50%, reduced the overnight reverse repurchase rate from 4.55% to 4.25%, and decreased the discount rate from 4.75% to 4.50%.
The U.S. announced that the seasonally adjusted non-farm payrolls in June increased by 206,000, compared with 272,000 in the previous month and 190,000 as expected; the unemployment rate in June rose to 4.1%, compared with 4% in the previous month and 4% as expected, the highest since November 2021. The non-farm data was higher than the market
The US core PCE price index increased by 2.6% year-on-year in May, expected to be 2.60%, and the previous value was 2.80%. The US core PCE price index increased by 0.1% month-on-month in May, expected to be 0.10%, and the previous value was 0.20%.
After the release of the US PCE data in May, traders increased their bets on the Fed's interest rate cut. Positive...