#CFX# The market is about to have big moves again. At 2 AM on the 31st, the Fed is going to announce the interest rate decision. As soon as this news comes out, the financial circle is on high alert. The Fed's interest rate decision, simply put, is a major event where the U.S. determines the benchmark interest rate. This rate is not set arbitrarily; it must comprehensively consider key factors such as inflation, employment situation, and economic rise.


This resolution has a huge impact on the market! Take the cryptocurrency market we are concerned about, if the Fed lowers interest rates, it means borrowing costs decrease, and investors will have more funds at hand, which may lead them to invest in Bitcoin and other crypto assets, driving prices up; but if interest rates rise, borrowing becomes more expensive, funds will flow back, resulting in less money in the market, and cryptocurrency prices may fall.
So how this resolution is determined, whether to maintain the Interest Rate, reduce it, or raise it, is directly related to our investment direction. Everyone should pay close attention and adjust their investment strategies in a timely manner based on the resolution.
#币圈#
CFX6.24%
BTC0.81%
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