The Fed is the first to leave interest rates unchanged, and the global rate hike cycle is coming to an end.?
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2023-11-02 18:24:57
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On November 1, local time, the Federal Reserve took the lead in announcing that interest rates would remain unchanged。To be honest, the Fed made this decision is not surprising, one is that inflation in the United States has been much lower than a year ago, the effect of raising interest rates has been shown, and the other is that the Fed's interest rates are now at a high level for more than 20 years, and then add to the U.S. economy may be overwhelmed。The dust has settled on the US side, and now it's up to the UK side to follow, if two consecutive developed country central banks have announced a suspension of interest rate hikes, it is estimated that the global interest rate hike cycle is not far from the end.。But the British side of the situation and the United States is not the same, the United States side, interest rate hikes to raise interest rates, the U.S. economy has hardly been much affected this year, employment is still strong, wages are rising, and even in the first half of this year, U.S. stocks also out of a wave of bull market。But the British side is different, the Bank of England in this round of radical interest rate hikes have tortured the British economy out of breath, manufacturing, services, both wings of the decline in employment, the number of corporate bankruptcies increased significantly, if in this case the Bank of England still dare to continue to raise interest rates, there are only two possibilities, first, the Bank of England is too brave, and inflation blood to fight to the end, second, the Bank of England is
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