On November 2nd, the intermediate price of RMB (7.3174, -0.0012, -0.02%) was reported at 7.1797, down 19 o'clock, and the intermediate price of the previous trading day was reported at 7.1778.
The Federal Reserve still "opens the door" for the future rate hike
On November 1, local time, the Fed announced the latest interest rate resolution and announced that maintaining the benchmark interest rate unchanged.This is also the second consecutive time after the meeting in September, after the September meeting.In the latest statement, the Federal Reserve said that the tightening of financial and credit may affect the economy and still "open the door" for future interest rate hikes."It is incorrect to raise interest rates again after the suspension." For the interest rate path, the Federal Reserve Powell said at a press conference that it is uncertain whether the monetary policy is currently limited. At present, the option has not been considered at all.
Market analysis believes that the fact that the consecutive maintenance of interest rates unchanged for the second time shows that the Fed may continue to follow the soldiers in December.
The probability of maintaining interest rates in the Fed in December is 77.5%
CME's "Fed Observation": The probability of the Federal Reserve's interest rate in December of 5.25%-5.50%is 77.5%, and the probability of rating 25 basis points to 5.50%-5.75%is 22.5%.By January next year, the probability of maintaining interest rates unchanged was 70.3%, the probability of accumulating a total rate of 25 basis points was 27.6%, and the probability of 50 basis points for interest rate hikes was 2.1%.
