BlockBeats News, September 18. Following this morning's speech by Powell, various institutions have reached a consensus on the "Fed Rate Cut in October." The key institutional views are as follows:
Morgan Stanley: Powell's remarks failed to dispel our speculation that the Fed is expected to cut rates again at the October meeting.
Nomura Securities: It is now expected that the Federal Reserve will cut rates by 25 basis points in both October and December, compared to the previous forecast of a pause in October and another cut in December.
"New Bond King" Gundlach: A 25 basis point rate cut by the Fed is the right move, and it is expected that the Fed will cut rates again at the October meeting.
CICC: It is expected that the Fed will cut rates again in October, but the rate cut threshold will become increasingly higher.
CITIC Securities: Still expects the Fed to cut rates by 25bps at both the October and December policy meetings. (FX678)