I found that many people still don't understand what the Fed's first interest rate cut in four years means, and many people think it's none of their business. In fact, any small economic move by the United States may have a huge impact on our economy. To put it simply:

1. Consumer confidence will increase: A large amount of foreign capital entering China will make the economy more active. If enterprises develop well, they can provide more employment opportunities and higher incomes, and the consumer confidence of the people will be enhanced. Everyone is more willing to spend money to buy things, and the domestic consumer market will be more prosperous.

2. The stock market may rise: International funds flow into China, and part of them will enter the stock market. With more funds, the stock market will be more active, stock prices may rise, and the opportunities for stockholders to make money may increase. For ordinary investors, investing in the stock market may have a better return.

3. We can buy imported goods more cheaply: After the appreciation of the RMB, we can buy more imported goods with the same money, such as imported fruits, cars, electronic products, etc., which will be cheaper, and ordinary people can enjoy the benefits.

4. Monetary policy: The Fed's interest rate cut has reduced the external pressure on my country's monetary policy, and my country's central bank has more room for operation when formulating monetary policy. The central bank can more flexibly choose whether to cut interest rates, lower reserve requirements and other measures to stimulate economic development based on domestic economic conditions, better respond to economic changes and make the economy more stable.