The report highlighted that there is both merit and rationale in going for a rate cut in September, as inflation remains under control and the outlook suggests further moderation. It stated, "Central Banks' communication sans cacophony, is a policy tool unto itself amidst all the chaos. No point in committing a Type 2 error (No rate cut with Neutral Stance) in September also. A 25 bps rate cut in September is the best possible option for RBI."The SBI report highlighted that post-June, the bar for rate cuts ...

货币政策行动 - 美联储于9月17日降息25个基点 为2025年首次降息 [1] - 点阵图预示2025年还将有50个基点的降息 [1] 经济与通胀预测 - 美联储维持2025年核心PCE通胀预期在3.1% 高于2%的目标 [2] - 将2026年核心PCE通胀预期从2.4%上调至2.6% 并上调2027年预期 [2] - 将2025年经济增长预期上调20个基点至1.6% 2026年预期上调20个基点至1.8% [4] 行业影响分析 - 降息对汽车和住房等利率敏感型行业构成利好 有助于提振需求 [6] - 降息对消费 discretionary、零售商和电子商务公司如亚马逊构成积极影响 可刺激消费 [7] - 高负债公司将从利率下降中受益 因其利息支出减少 从而提升盈利能力 [7] - 先买后付公司如Affirm将受益于借贷成本降低 [7] - 成长型股票的未来现金流在降息环境下折现价值更高 [7] 市场特定考量 - 住房市场当前面临挑战 美联储降息影响有限 因市场已提前消化此预期 [6] - 汽车行业仍面临关税不确定性 这将限制福特和通用汽车等公司的上行空间 [6]

With the first quarter-point rate cut delivered by the Fed in quite a while and more to come, investors who've been holding off on new buys may wish to buy as the sizzling summer leads to a warm autumn for stocks. ...

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, Intel shares soaring on a $5 billion investment from Nvidia. The two companies will co-develop chips for PCs and data centers, and the investment will make Nvidia one of Intel's largest shareholders. Nvidia CEO Jensen Jong calling this collaboration historic and a fusion of two worldclass platforms.It comes as Intel has fallen far behind in the global chip race. It's g ...

Federal Reserve officials lowered the target range for their benchmark interest rate by 25 basis points to a range of 4% to 4.25% — with Chair Jerome Powell flagging weakening jobs data  — and penciled in two more cuts by the end of 2025. Yawn. The only thing less surprising than that yesterday was the calendar showing the day was Wednesday. But as Powell emphasized the Fed’s jobs, jobs, jobs focus, a winner emerged on the trading floor: the small-cap Russell 2000, a laggard during this year’s market rall ...

利率调整 - 香港三家发钞银行汇丰银行、渣打银行和中国银行（香港）自12月以来首次下调最优惠贷款利率 降低资金成本并为企业和抵押贷款借款人提供一定缓解[1] - 汇丰银行和中国银行（香港）将最优惠贷款利率下调12.5个基点至5.125% 渣打银行同步下调12.5个基点至5.375% 所有三家银行均将储蓄利率下调12.5个基点至0.125%[2] 政策背景 - 此次调整紧随香港金融管理局将基准利率下调25个基点 与美国联邦储备委员会隔夜降息保持同步 在联系汇率制度下香港金管局跟随美联储行动 但商业银行自主决定最优惠贷款利率和存款利率[4] - 汇丰银行香港首席执行官表示此次调整考虑了美国利率决定和本地市场条件 自2024年9月降息周期开始以来 汇丰银行已将港元最优惠贷款利率累计下调75个基点[5] 市场影响 - 对于享受银行最优惠利率的抵押贷款借款人 500万港元30年期贷款（利率为最优惠利率减1.75%）有效按揭利率降至3.375% 月供减少347港元至22,105港元[5] - 截至7月底香港购房者未偿还抵押贷款总额达1.887万亿港元 平均抵押贷款规模为451万港元 尽管降息幅度较小 但对房地产市场情绪仍产生积极影响[6]

By Lucy Craymer WELLINGTON (Reuters) - New Zealand's economy shrank more than expected in the second quarter as construction remained in decline and global uncertainty weighed, increasing expectations of a steeper rate cut in October. Official data out on Thursday showed gross domestic product (GDP) fell 0.9% in the second quarter from the prior quarter, worse than analysts' and the Reserve Bank of New Zealand’s forecasts of a 0.3% fall. New Zealand's economy has contracted in three of the last five qua ...

美联储利率决议 - 美联储将联邦基金利率从4.25%下调25个基点至4% [1] - 新任美联储理事Stephen I. Miran主张更大幅度降息50个基点但未获通过 成为唯一投反对票成员 [1] 市场即时反应 - 股市先涨后跌 标普500收盘下跌0.1% 纳斯达克下跌0.33% 道琼斯工业平均指数上涨0.57% [2] - 罗素2000小型股指数上涨0.26% 黄金价格冲高至3704美元/盎司后回落至3665美元 [2] 期权市场动态 - 认沽期权活动初始激增 反映投资者增加对冲保护以应对下行风险 [3] - 投资者关注2024年是否还有两次降息及2026年政策前景 [3] 经济基本面分析 - 新增就业人数从7月7.9万骤降至2.2万 失业率升至4.3%创2021年以来新高 [4] - 美联储更关注劳动力市场疲软而非关税相关通胀风险 [5] - 本次降息属于风险管理操作 政策立场从限制性转向中性 [5] 政策信号解读 - 美联储暗示经济存在未来疲软迹象 预示可能进一步降息 [4] - 鲍威尔主席对经济放缓及劳动力市场状况下的价格上涨可能性担忧减轻 [6]

The meme stock is on the move once again.Shares of Opendoor Technologies (OPEN 14.24%) are soaring on Wednesday, up 6.5% as of 2:58 p.m. ET. The jump comes as the S&P 500 (^GSPC -0.02%) lost 0.6% and the Nasdaq Composite (^IXIC -0.30%) lost 0.9%.A regulatory filing from the company, as well as the Federal Reserve's rate cut confirmation, is sending Opendoor stock flying.Opendoor is expanding its reachThe company filed an 8-K disclosure with the SEC, revealing that it "intends to expand its product offerings ...

Let's bring in now a former Fed officials take. That is Richard Clar, a former Fed chair and global economic adviser at PIMCO. Richard, kind of a dealer's choice.You got the actual Fed decision everybody expected. You got Myron calling for a half percentage point cut. He's kind of way out there.No desense, the neutral rate. What do you think is the most important thing here. Well, I think there was some risk management here along two dimensions.One, the statement made reference to risk in the labor market. ...