BlockBeats News, September 18th: Huatai Securities’ research report stated that on September 18th (Thursday) Beijing time, the Federal Reserve announced its decision on the September interest rate meeting, cutting rates as expected by 25 basis points. The dot plot indicates another 50 basis points cut later this year, and Powell expressed a dovish stance during the meeting. Considering that the September job market may still face pressure, supporting a rate cut in October, Huatai Securities has revised its forecast for the number of Fed rate cuts this year from 2 to 3 times, with cuts expected in October and December, each time by 25 basis points. (FX678)
