The U.S. Federal Reserve recently announced an important decision to lower the Benchmark Interest Rate by 25 basis points. This move immediately triggered a strong reaction in the financial markets, especially in the precious metals market. Spot gold prices quickly broke through the $3700 per ounce barrier, setting a new historical high, sparking intense interest from investors.

In the decision to cut interest rates, the Federal Reserve stated that it primarily considered factors such as the slowdown in economic growth in the first half of the year and the cooling job market. They described this move as a risk management strategy aimed at maintaining the 2% inflation target. However, this decision was not unanimous, and there were disagreements within the committee. Most officials supported a cut of 25 basis points, but there were also newly appointed governors advocating for a larger cut of 50 basis points.

It is worth noting that the Federal Reserve's medium-term forecast indicates that there may be further room for interest rate cuts in 2025, potentially accumulating to 50 basis points. This forward guidance will undoubtedly have a profound impact on the US dollar exchange rate, the stock market, and emerging market economies.

As the Federal Reserve restarts its interest rate cut cycle, global financial markets are facing a new round of uncertainty. Investors need to closely follow subsequent economic data and policy directions to respond to potential market fluctuations. This interest rate cut decision may become a key turning point affecting the future economic trend, and all parties are closely monitoring the developments.