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Home > Latest

The Federal Reserve will hold a meeting next week, and despite weak non-farm data, the "50 basis points" bet has not been lifted.

date
09/09/2025
According to the Securities Times app, although most Wall Street views believe that the threshold for the Federal Reserve to cut interest rates significantly is high, traders have not ruled out the possibility of a 50 basis point rate cut by the Federal Reserve at its meeting next week.
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The Hang Seng Index closed up 1.19%, breaking through the 26,000-point mark and hitting a new high in nearly four years. The Hang Seng Technology Index closed up 1.30%. Technology stocks were generally up, with Alibaba rising more than 3%. Alibaba is expected to announce two major businesses tomorrow: restarting "Koubei.com" to compete with Dazhong Dianping, and launching self-operated group buying on Amap. Alibaba Health rose more than 10%, Bilibili rose more than 5%, and Meituan fell more than 2%.
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