SeaBrother

1. Just now, the Federal Reserve announced a 25 basis point rate cut, lowering the federal funds rate to between 4.00% and 4.25%. This is the first rate cut by the Federal Reserve in nine months and the first since Trump's "second term". After the rate cut announcement, the offshore RMB to USD exchange rate was reported at 7.0845, New York gold was at $3744/ounce, U.S. stocks slightly rose, and the dollar index was at 96.22. The yield on the U.S. 10-year Treasury bond fell below 4%. 2. The extent of this rate cut meets expectations and carries no surprises. However, it signifies a turning
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