Fed Chairman Powell ordered a temporary suspension of interest rate cuts, which instantly angered these major camps!
1. Small and medium-sized business owners in the United States, whose economic environment was originally unstable, are now facing even greater difficulties in reducing financing costs, and their business development is struggling. They are so anxious.
2. Financial elites on Wall Street, who were looking forward to the stock market carnival brought about by the interest rate cut, can only watch their expectations fall through, and they are inevitably a little "disappointed".
3. Consumer groups, who originally thought that interest rate cuts would reduce loan pressure and improve consumption capacity, can only continue to "tighten their belts" and their consumption plans are stranded again.
4. Real estate developers, who originally expected interest rate cuts to stimulate the property market, are now facing the double blow of slowing sales and tight capital chains, which can be described as "misfortunes come in waves".
5. Investors in the bond market, who wanted to make a fortune by taking advantage of the interest rate cut, now have to face the risk of falling bond prices, and their investment strategies have to be readjusted.
6. Monetary policy analysts, whose original forecasting models instantly failed, have to work overtime to re-analyze, and their frustration can be imagined.
7. Foreign trade companies, who originally expected the weakening of the US dollar to enhance export competitiveness, now have to face the challenge of exchange rate fluctuations, and the operating pressure is "heavy".
8. Political commentators, who could have made great achievements on the topic of interest rate cuts, now have to find new hot spots, and their articles seem to be "cooking without rice".
9. Ordinary working class people, who originally thought that interest rate cuts would bring some reduction in living costs, can only continue to "live frugally" and hope for a turnaround in the future.
10. Academic researchers, whose original research assumptions were broken by reality, have to re-examine the impact of monetary policy, and the road of research has become more "twisty and bumpy".
Powell's order not only temporarily suspended the pace of interest rate cuts, but also set off waves in multiple camps. The interests of all parties are intertwined, showing the complexity and challenges of economic policy adjustments.
Every change in monetary policy is an accurate pulse of the economy.
