<p><img src="https://imageproxy.pbkrs.com/https://images.pexels.com/photos/590022/pexels-photo-590022.jpeg/query-YXV0bz1jb21wcmVzcyZjcz10aW55c3JnYiZoPTc1MCZ3PTEyNjA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1132" height="750" original-src="https://imageproxy.pbkrs.com/https://images.pexels.com/photos/590022/pexels-photo-590022.jpeg/query-YXV0bz1jb21wcmVzcyZjcz10aW55c3JnYiZoPTc1MCZ3PTEyNjA"/></p>
<p><em>图片来源：Pexels</em></p>
<p>随着市场进入今天的 FOMC 决策，普遍预期美联储将降息 25 个基点，这一结果在很大程度上已经被市场定价。因此，政策举措本身不太可能引发持续的市场反应，除非伴随着信息传递的重大变化。</p>
<p><em>视频时长：00:02:02</em></p>
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<p><em>更多来自此作者的文章：</em></p>
<p>全球宏观在拐点</p>
<p>鹰派降息与宽松的结束</p>
<p>全球市场稳定，政策路径分化</p>

<p>图片来源：Pexels 随着市场进入今天的 FOMC 决策，普遍预期美联储将实施 25 个基点的降息，这一结果在市场中已基本被定价。因此，政策举措本身不太可能引发持续的市场反应，除非伴随有实质性的消息传递变化。视频时长：00:02:02 本作者更多作品：全球宏观在拐点上，鹰派降息与宽松的结束，全球市场稳定，政策路径分歧</p>

<p><img src="https://imageproxy.pbkrs.com/https://images.pexels.com/photos/590022/pexels-photo-590022.jpeg/query-YXV0bz1jb21wcmVzcyZjcz10aW55c3JnYiZoPTc1MCZ3PTEyNjA" alt="" original-src="https://images.pexels.com/photos/590022/pexels-photo-590022.jpeg?auto=compress&amp;cs=tinysrgb&amp;h=750&amp;w=1260"/></p>
<p><em>Image Source: Pexels</em></p>
<div class="lb-trans"><p><em>图片来源：Pexels</em></p>
</div><p>As markets head into today’s FOMC decision, the consensus expectation is for the Federal Reserve to deliver a 25bp rate cut, an outcome that is largely priced in. As a result, the policy move itself is unlikely to drive sustained market reaction unless accompanied by a meaningful shift in messaging.</p>
<div class="lb-trans"><p>随着市场进入今天的 FOMC 决策，普遍预期美联储将降息 25 个基点，这一结果在很大程度上已经被市场定价。因此，政策举措本身不太可能引发持续的市场反应，除非伴随着信息传递的重大变化。</p>
</div><p><em>Video Length: 00:02:02</em></p>
<div class="lb-trans"><p><em>视频时长：00:02:02</em></p>
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</div><p><em>More By This Author:</em></p>
<div class="lb-trans"><p><em>更多来自此作者的文章：</em></p>
</div><p>Global Macro At An Inflection Point</p>
<div class="lb-trans"><p>全球宏观在拐点</p>
</div><p>Hawkish Cuts And The End Of Easing</p>
<div class="lb-trans"><p>鹰派降息与宽松的结束</p>
</div><p>Global Markets Steady As Policy Paths Diverge</p>
<div class="lb-trans"><p>全球市场稳定，政策路径分化</p>
</div>

FOMC 决策预览 - 12 月 10 日，星期三