Cut interest rates by 25 basis points! The latest interest rate range is 3.75% ~ 4%. In the early morning of the 30th Beijing time, the Federal Reserve announced another interest rate cut.

Less than two months have passed since the last rate reduction, and the Federal Reserve has adjusted its policy rates again.

The answer is hidden in employment data. Although the US non-agricultural employment data in September has not been released on time, but the Federal Reserve released the national economic situation survey report in mid-October, namely the "Brown Book", showed that the demand for labor in all regions and industries in the United States is generally low, while prices are still rising.

Don't think that the Federal Reserve's interest rate cuts are far away from us. The US dollar is widely used in the global financial system.The Fed's interest rate cut will have a certain impact on all countries.It will also have an impact on enterprises and individuals in our country.

Impact on enterprises

Generally speaking, when the Federal Reserve cuts interest rates, international commodity prices usually rise. This way,In China's chemical, metal processing, aviation logistics and other industries, the cost of importing raw materials may increase.Companies that rely heavily on overseas energy and commodity purchases need to pay more attention to risks associated with rising costs.

Impact on individuals

Fed cuts interest rates,There is a high probability that the US dollar will weaken and the RMB will appreciate relatively.This means that the cost of studying abroad, shopping overseas, and traveling will be reduced. If you need to use dollars in the future, you can exchange for some dollars when the dollar weakens. In addition, the Federal Reserve's interest rate cut will directly lower the yield of U.S. bonds. If you hold U.S. dollar assets, the return may fall, including U.S. dollar-linked wealth management products, the return may decrease. If you own a related product, you can ask the bank's account manager how to respond.

In addition, the Federal Reserve cuts interest rates and the continued weakening of the US dollar will affect the flow of global capital.More money will likely flow to emerging markets, including Chinese assets.This is also good news for our capital market.