O Gold Finance reported that David Kelly, chief global strategist at Morgan Asset Management, said the Fed should cut interest rates by 25 basis points on Wednesday, rather than the 50 basis points called for by some market participants, to avoid investor panic about the US economic situation. He said it was a mistake for the Fed to keep interest rates so high for so long. "But when they lower rates, they need to be gentle, because they don't want people to think they're panicking," Kelly added.
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摩根资管Kelly：美联储应降息25个ponto de base，以免引发市场恐慌
O Gold Finance reported that David Kelly, chief global strategist at Morgan Asset Management, said the Fed should cut interest rates by 25 basis points on Wednesday, rather than the 50 basis points called for by some market participants, to avoid investor panic about the US economic situation. He said it was a mistake for the Fed to keep interest rates so high for so long. "But when they lower rates, they need to be gentle, because they don't want people to think they're panicking," Kelly added.