Institutions increase bets on the Federal Reserve's interest rate cuts

On the basis that the market generally expects the Federal Reserve to announce an interest rate cut at next week's meeting, on the evening of September 11, Beijing time, the U.S. Department of Labor released the latest inflation data for the country, which remained stable overall, providing the market with a "reassurance." Considering that several previous employment data pointed to a weak U.S. labor market, the current market focus on the Federal Reserve's interest rate cuts has shifted from whether there will be a cut to how many times there will be cuts before the end of the year and the magnitude of those cuts. Industry insiders believe that the Federal Reserve is highly likely to cut rates by 25 basis points in both the September and October meetings, and the subsequent performance of employment data will affect whether the Federal Reserve continues to cut rates in December; in terms of future asset allocation, U.S. stocks are expected to perform better than U.S. Treasuries, but the short-term upside may be limited, while gold may continue to benefit