For the first time in 4 years! The Federal Reserve cuts interest rates by 50 basis points

For the first time in 4 years! The Federal Reserve cuts interest rates by 50 basis points

In the early morning of September 19, the US Federal Reserve announced a 50 basis point interest rate cut, the first rate cut since March 2020. As soon as the news came out, the global financial market was immediately shaken. Major assets such as US stocks, gold, and US bond yields are like riding a roller coaster, up and down. This Fed rate cut will definitely have a huge impact on global capital flows, exchange rate fluctuations, and the stability of financial markets. The depreciation of the US dollar and the appreciation of the RMB have led to an increase in the price of exported products.

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