The Federal Reserve cuts interest rates again, and the market experiences a major shake-up!
Although hopes for a rate cut in December seem a bit dim, the latest data shows that the core PCE price index rose by 2.8% in October, the highest since April of this year. However, as we are in a period of interest rate policy adjustment, calls for rate hikes are rising again.
The Federal Reserve's interest rate cut is the result of multiple internal battles within the United States. By raising interest rates, the U.S. attracts global funds into the stock market, and cryptocurrency also benefits once again.
Against this backdrop, the growth in transaction volume has become what everyone is looking forward to.
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