Can't bear it anymore! The Fed has spoken!

In a recent public speech, Fed Chairman Powell once again mentioned the word "interest rate hike" and emphasized that this rate hike is not a joke, but must be implemented "unwaveringly". This scared many people. After all, the Fed's interest rate hike is not a good thing, and the impact on the global economy is quite large.

Raising interest rates is like cooling the economy. When interest rates go up, the cost of borrowing money will be high, corporate investment and consumption will be suppressed, and economic growth will naturally slow down. The purpose of the Fed's interest rate hike is to control inflation and prevent the economy from overheating. This is like burning your butt with fire, which only treats the symptoms but not the root cause, and it is easy to burn a hole.

This time the Fed's interest rate hike is not a simple increase, but to a "high enough" level, and to maintain it for "long enough". This is not a joke, this is for real! Many economists predict that the Fed's interest rate hike may continue until next year, or even longer. This is to let the global economy "overwinter"!

The impact of the Fed's interest rate hike is not just a matter for the United States, but will affect the world. The global economy is closely related to the US economy. The Fed's interest rate hike is like a "stunning blow" to the global economy, causing the global economy to "shiver".

The impact of the Fed's interest rate hike on the global economy has not yet been revealed. What is certain is that this will be a "protracted war" and the global economy must be prepared for the "winter".