ChainCatcher News, according to Jinjishi, reports that a CICC report indicates the Fed's final interest rate cut may exceed market expectations, and USD easing trades could return in the short term. The report points out that in the short term, the Fed is unlikely to "shrink its balance sheet," but "expand the balance sheet," and the threshold for quantitative easing policy will increase, potentially through raising interest rate cuts and issuing short-term Treasury bonds to achieve coordination between monetary and fiscal policy. A steeper US bond yield curve will be beneficial for US bank stocks.
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ChainCatcher News, according to Jinjishi, reports that a CICC report indicates the Fed's final interest rate cut may exceed market expectations, and USD easing trades could return in the short term. The report points out that in the short term, the Fed is unlikely to "shrink its balance sheet," but "expand the balance sheet," and the threshold for quantitative easing policy will increase, potentially through raising interest rate cuts and issuing short-term Treasury bonds to achieve coordination between monetary and fiscal policy. A steeper US bond yield curve will be beneficial for US bank stocks.