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CITIC Securities Expects Fed to Pause Rate Cuts in January

The brokerage forecasts only 25 basis points of rate cuts across the remaining two meetings led by Federal Reserve Chair Jerome Powell.

要約

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用語解説
  • Basis Point: A unit equal to one-hundredth of a percentage point, commonly used in finance to describe interest rate changes.
  • Federal Reserve: The central banking system of the United States, responsible for setting monetary policy and regulating banks.
  • Rate Cut: A reduction in the central bank's benchmark interest rate to lower borrowing costs and stimulate economic activity.