New challenges for the global economy: Fed cuts interest rates at the end of the year

The Fed's official announcement that it will cut interest rates at the end of the year shocked the world.

This not only means that the US economy may have encountered some problems,

but it may also trigger a series of chain reactions.

Interest rate cuts usually occur when the economy needs stimulus,

which means that economic growth may slow or certain industries are under pressure.

Interest rate cuts may cause the US dollar to depreciate,

and for those who hold US dollar assets,

this may affect the ability of their assets to maintain their value.

At the same time, if other countries follow suit,

it may increase global inflationary pressure and increase the cost of living.

In addition, Japan's refusal to cooperate with the Fed's policy adjustments has increased uncertainty in global financial markets.

If the United States seeks to negotiate with China to ease economic pressure,

this may provide China with an opportunity to gain more benefits in the negotiations.