Live Updates > Live Update Details
2025-09-18 08:34:10
[CITIC Securities: It is expected that the US dollar may remain weak in this round of interest rate cuts and gold will still perform well] CITIC Securities research report stated that the Federal Reserve will cut interest rates by 25bps at the September 2025 interest rate meeting, which is in line with market expectations. Powell said that this is a risk management-style interest rate cut, and in the dual mission, it tends to control the downside risk of the job market. The dot plot indicates that there will be another 50bps interest rate cut this year, which is in line with expectations. CITIC Securities still expects the Federal Reserve to cut interest rates by another 25bps at the October and December interest rate meetings respectively. The interest rate path in 2026 will become clearer after the final candidate for the new Federal Reserve Chairman is decided. In terms of the market, after the interest rate cut, the US Treasury bonds once again showed the characteristics of "buying expectations + selling facts", and the US stock market still showed the characteristics of "catch-up", with the Dow Jones and small-cap stocks performing well. It is recommended to downplay the guidance of this meeting on the interest rate path next year. It is expected that the US dollar may remain weak in this round of interest rate cuts, and gold is expected to continue to perform well.
