📊 The impact of different types of interest rate cuts on the market is significantly different:

1️⃣ Preventive interest rate cuts usually benefit the stock market and risk assets;

2️⃣ Recessionary interest rate cuts may initially struggle to stop the stock market decline, requiring improvement in economic fundamentals before a reversal is seen;

3️⃣ Emergency interest rate cuts (crisis interest rate cuts) need to be assessed in conjunction with subsequent policy measures to judge market reactions.$BNB

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