The intermediate price of RMB (7.2936, -0.0038, -0.05%) was reported at 7.1730, which was raised by 2 points.
The Federal Reserve suspended interest rate hikes as scheduled in September, implying
At 2 am on September 21, Beijing time, the discussion resolution released by the Federal Reserve showed that the target range of the federal fund interest rate was maintained at 5.25%-5.5%, maintaining the highest point in 22 years, in line with market expectations.The dot -matrix chart released by the Federal Reserve at the same time shows that this year may raise interest rates again.
Since the Fed's March 2022 launched this round of interest rate hikes, the cumulative interest rate hike has reached 525 basis points.From the perspective of the rhythm of interest rate hikes, a single rate hike gradually increased from 25 basis points to 75 base points, and raised interest rates at the level of 75 base points 4 times, the fastest interest rate hike speed in the past 40 years.In February this year, the Fed slowed down to 25 basis points for the first time, and suspended interest rate hikes in June, and then raised interest rates 25 basis points in July.
Fed Chairman Powell: Unintentionally issued a signal of any time to cut interest rates
Fed Chairman Powell said that I did not intentionally issue a signal of any time to cut interest rate cuts, and the time -mature would cut interest rates; some reasons for the decision on interest rate cuts may be that the actual interest rate was rising because inflation is declining.
The probability of interest rate hikes in the Fed in November increased
Interest rate futures show that compared with the announcement of the interest rate discussion resolution, the possibility of raising 25 basis points by the Federal Reserve has increased slightly before the end of the year.But just like FOMC itself, traders also have differences.The outside world believes that the Federal Reserve will take about 35%of the possibility of action in November.
