The Fed "soft knife" Global stock market volatility.

<P>: Http://finance. Inquiry, the Federal Open Market Committee 11 decided to cut the federal funds rate 25 basis points to 4.25%. .At the same time lower and lower the discount rate by 25 basis points to 4.75%. .The news came out, causing intense global stock market turmoil. .</ P> <P> 11 days, U.S. stocks generally fell, but the 12 opening, the Dow rose more than two hundred points. .</ P> <P> the cuts benchmark interest rate and discount rate by 25 basis points of the "soft knife", but failed to meet the market's "appetite." .Disappointed investors have retaliated by selling the stock, causing the U.S. stock market cut in the Fed announced its third day, down 2%, and yesterday's Asia-Pacific and European markets also fell sound one. .</ P> <P> Prior to that, because many economic indicators suggest the U.S. may soon fall into recession, the Fed is widely expected 50 basis point rate cut announced this week, or at least lowered the discount rate 50 basis points. .</ P> <P> 11 closing, the three major U.S. stock indexes fell more than 2% across the board. .Among them, the Dow fell 294.26 points, or 2.14%, S & P 500 index and Nasdaq also fell 2.53%, respectively, and 2.45%. .The last two Fed rate cut announced the same day, the Dow had a gain of at least 100 points. .</ P> <P> after Asian markets opened yesterday, after another dive, Japan and South Korea are trading in the 2% decline, but then offer bargain hunting emerged to help reduce the decline in regional stock markets. .At the close, shares fell 0.7% in Japan, China, Hong Kong stock market fell 2.4%, Singapore's stock market fell 1.1%, China Taiwan stock market fell 1.7%, the Australian stock market fell 0.9%. .</ P> <P> 11 interest rate decisions at the Federal Reserve announced before the closing day of the European stock markets fell only slightly, but after the opening bell yesterday, the main stock markets appear Budie market, as of 20:30 Beijing time yesterday, Paris, .decreases in the three major indices in London and Frankfurt were 1.0%, 0.7% and 0.4%. .</ P> <P> analysts note after the Fed statement omitted the "inflation and the downside risks to economic growth, roughly," the reference may reserve space for further rate cuts. .</ P>.