Bosera Asset Management: The US interest rate cut cycle has begun, but the pace of rate cuts is not yet clear

Zhang Zhiwei, Chief Economist of BaoYin Asset Management Company, stated that the interest rate cut cycle in the United States has begun, but the pace of rate cuts is still unclear. It is necessary to pay attention to labor market data in the next two months. The Federal Reserve cut interest rates by 50 basis points on September 19, with significant internal disagreements. Some committee members believe that there should be no further rate cuts, while others suggest different magnitudes of rate cuts. Zhang Zhiwei pointed out that the Fed's rate cut decision may be a response to economic slowdown, providing space for other central banks to ease monetary policy