Analysis: Fed 25 bps rate cut in September may have been digested by markets, 50 bps rate cut could be market push

Bitget2024/09/13 12:06

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According to The Block, Johns Hopkins economist Steve Hanke said that the Fed's potential 25 basis point rate cut next Wednesday has already been digested by the market and could lead to a “sell-the-news” event for risk assets.

Steve Hanke said, “The market has anticipated a 25 basis point rate cut, which means the actual rate cut could be disappointing, leading to a ‘sell-the-news’ reaction in the market. In contrast, a 50 basis point cut has not been factored in. If it does happen, it could push the market higher.”

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